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Westbridge Renewable Energy Corp. Announces Planned Continuation to Luxembourg
Westbridge Renewable Energy Corp. Announces Planned Continuation to Luxembourg Canada New...
About this update from Westbridge Renewable Energy Corp
[{"type":"text","content":"\n\n\nWestbridge Renewable Energy Corp. Announces Planned Continuation to Luxembourg\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\n\n\n\n\n\nCanada NewsWire\n\n\nCALGARY, AB, March 12, 2026 /CNW/ - Westbridge Renewable Energy Corporation (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) (\"Westbridge\", \"Westbridge Renewable\" or the \"Company\") today announced its intention to change its corporate domicile from the Province of British Columbia, Canada to the Grand Duchy of Luxembourg (\"Luxembourg\") under a new name, Westbridge Renewable Energy S.A. (the \"Continuation\").\n\n\n\n\n\n\n\nThe Continuation is expected to be effective on April 8, 2026 and is subject to shareholder and regulatory approvals, including approval of the TSX Venture Exchange (\"TSXV\"). The Company's common shares are expected to continue trading on the TSXV, OTCQX and Frankfurt Stock Exchange under their current trading symbols, subject to exchange approval. The Company intends to remain a Canadian reporting issuer.Strategic Rationale for the ContinuationFollowing a comprehensive review of strategic alternatives and capital markets positioning, the Board of Directors has determined that the Continuation to Luxembourg will better align the Company's legal domicile with the growing international nature of its shareholder base, the increasing geographical diversification of its portfolio and the Company's long-term capital markets and strategic development objectives.Legal Structure Following ContinuationUpon completion of the Continuation, the Company will cease to be governed by the Business Corporations Act (British Columbia) and will become a Luxembourg public limited company (société anonyme).The Company anticipates changing its name from \"Westbridge Renewable Energy Corp.\" to \"Westbridge Renewable Energy S.A.\", subject to confirmation of name availability with the Luxembourg Trade and Companies Register (Registre de Commerce et des Sociétés – Luxembourg).The Continuation will not affect:the continuity of the Company's business operations;the Company's o...