Business
Sayward Capital Corp. Announces Voting Results of Field Safe Shareholder Meeting
Calgary, Alberta--(Newsfile Corp. - December 7, 2021) - Sayward Capital Corp. (TSXV: SAWC.P)...
About this update from Sayward Capital Corp.
[{"type":"text","content":"Sayward Capital Corp. Announces Voting Results of Field Safe Shareholder MeetingCalgary, Alberta--(Newsfile Corp. - December 7, 2021) - Sayward Capital Corp. (TSXV: SAWC.P) (\"Sayward\") is pleased to announce that, in connection with its previously announced qualifying transaction (the \"Qualifying Transaction\") with Field Safe Solutions Inc. (\"Field Safe\"), Field Safe's shareholders have approved the Qualifying Transaction at its special meeting of shareholders (the \"Meeting\") on December 7, 2021. Cameron Barrett, CEO of Field Safe stated that, \"I am very excited to be moving forward with this transaction and the related financing. Over the past 3 years we have created an industry leading solution which is driving the safety culture for a long list of reputable Enterprise clients. This includes being launched on one of Canada's largest projects which has illustrated how our product improves safety culture and also the operational efficiency, which saves our customers money. We look forward to investing in our go-to-market strategy and leveraging our strong industry position to accelerate growth in 2022 and beyond.\"At the Meeting, Field Safe's shareholders approved the amalgamation of Field Safe and 2372845 Alberta Ltd. (\"Subco\"), a wholly-owned subsidiary of Sayward, and involving Sayward and the Field Safe shareholders, substantially upon the terms and conditions set forth in the amalgamation agreement dated September 20, 2021, between Field Safe, Sayward and Subco (the \"Amalgamation Agreement\").A total of 3,318,229 Class A Common shares in the capital of Field Safe (\"Field Safe Shares\") were represented at the Meeting, representing approximately 43.80% of the issued and outstanding Field Safe Shares.Qualifying TransactionSayward and Field Safe are continuing to work together to complete the requisite due diligence, filings and submissions required to obtain the TSX Venture Exchange's (the \"Exchange\") acceptance of the Qualifying Transaction. For further information regarding the Qualifying Transaction, readers are strongly encouraged to review the Amalgamation Agreement, the filing statement dated November 12, 2021 (the \"Filing Statement\") and Sayward's news releases dated July 28, 2021, September 21, 2021, November 2, 2021, November 8, 2021 and November 24, 2021, all of which are available under Sayward's p...