NetworkNewsBreaks – The Green Organic Dutchman H
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Posted On: 08/02/2018 6:50:30 PM
NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Posts Record Date for Spinout Transaction
Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTC: TGODF) this morning issued an update regarding its previously announced spinout transaction. The company will distribute a warrant in the new corporation, TGOD Acquisitions, to TGOD shareholders. Each warrant permits the holder to purchase a unit of TGOD Acquisitions at a price of $0.50 for a period of 30 days from completion of the spinout. Each unit is comprised of one common share and one additional warrant of TGOD Acquisitions. The record date for distribution of the warrants is anticipated to be on or about September 28, 2018. All TGOD shareholders of record will receive a notice from the company’s transfer agent, Computershare Investor Services Inc., with instructions on how to acquire the warrants they are entitled to. The spinout transaction requires approval by a two-thirds majority vote by TGOD shareholders, which will be held at a special meeting expected to take place in September 2018.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTC: TGODF) this morning issued an update regarding its previously announced spinout transaction. The company will distribute a warrant in the new corporation, TGOD Acquisitions, to TGOD shareholders. Each warrant permits the holder to purchase a unit of TGOD Acquisitions at a price of $0.50 for a period of 30 days from completion of the spinout. Each unit is comprised of one common share and one additional warrant of TGOD Acquisitions. The record date for distribution of the warrants is anticipated to be on or about September 28, 2018. All TGOD shareholders of record will receive a notice from the company’s transfer agent, Computershare Investor Services Inc., with instructions on how to acquire the warrants they are entitled to. The spinout transaction requires approval by a two-thirds majority vote by TGOD shareholders, which will be held at a special meeting expected to take place in September 2018.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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