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Roll-Up Capital Announces Filing of Filing Statement on Sedar and Conditional Approval of the TSX Venture Exchange
Roll-Up Capital Announces Filing of Filing Statement on Sedar and Conditional Approval of ...
About this update from Vr Resources Ltd.
[{"type":"text","content":"\n\n\n\nRoll-Up Capital Announces Filing of Filing Statement on Sedar and Conditional Approval of the TSX Venture Exchange\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, March 16, 2017\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FORDISSEMINATION IN THE UNITED STATES./\n\n\n\nCALGARY, March 16, 2017 /CNW/ - Roll-Up Capital Corp. (TSX.V: ROL.P - the \"Company\" or \"Roll-Up\"), a capital pool company, is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange (the \"Exchange\") for the Qualifying Transaction (as defined in Exchange policies) involving Renntiger Resources Limited (\"Renntiger\").  Roll-Up and Renntiger anticipate that the closing date of the Qualifying Transaction will be March 22, 2017.\n\nQualifying Transaction \n\nAs previously announced on December 9, 2016, January 5, 2017 and February 9, 2017, the Qualifying Transaction will be completed by way of a court-approved plan of arrangement (the \"Arrangement\") under the Business Corporations Act (British Columbia) whereby, among other things, Roll-Up will acquire all of the issued and outstanding common shares of Renntiger in exchange for common shares of Roll-Up. Immediately after the closing of the Arrangement, the name of Roll-Up will be changed to VR Resources Ltd. (the \"Resulting Issuer\").  Upon completion of the Qualifying Transaction there will be 35,405,225 shares of the Resulting Issuer issued and outstanding.\n\nOn February 9, 2017, Renntiger closed a private placement financing for aggregate gross proceeds of approximately $4,400,000, with GMP Securities L.P. and PI Financial Corp. acting as agents.  Funds realized from the financing will be released to the Resulting Issuer concurrently with the completion of the Arrangement.\n\nFiling Statement\n\nRoll-Up has filed on SEDAR its filing statement dated March 16, 2017 relating to the Qualifying Transaction (the \"Filing Statement\"). Investors are encouraged to review the Filing Statement on Roll-Up's SEDA...