Coventry Obtains Final Order for Plan of Arrangement
January 24 2014 - 5:33PM
Marketwired
Coventry Obtains Final Order for Plan of Arrangement
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 24, 2014) -
Coventry Resources Inc. (ASX:CYY)(TSX-VENTURE:CYY) announces that
the final order for the plan of arrangement under section 288 of
the Business Corporations Act (British Columbia) between
Coventry, Chalice Gold Mines Limited, Western Rift Pty Ltd. and the
shareholders of Coventry was obtained from the Supreme Court of
British Columbia on January 24, 2014. A timetable for completion of
the transaction is included in Annexure A.
THE BOARD OF DIRECTORS OF COVENTRY RESOURCES INC.
STEVEN CHADWICK
President and Chief Executive Officer
Coventry Resources Inc.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. This press release may contain
forward-looking statements, which reflect the Company's current
expectation regarding future events. These forward-looking
statements involve risks and uncertainties that may cause actual
results, events or developments to be materially different from any
future results, events or developments expressed or implied by such
forward-looking statements. Such factors include, but are not
limited to, changing market conditions, the successful and timely
completion of clinical studies, the establishment of corporate
alliances, the impact of competitive products and pricing, new
product development, uncertainties related to the regulatory
approval process and other risks detailed from time to time in the
Corporation's ongoing quarterly and annual reporting. We undertake
no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.
Annexure A -
Timetable
Activity |
Date |
Announcement of results of Coventry's shareholder meeting to
approve the Arrangement. |
22 January 2014 |
Final court order obtained from the Supreme Court of British
Columbia for approval of the Arrangement. |
24 January 2014 |
TSX-V issues bulletin announcing the effective date/distribution
record date and payment date. |
29 January 2014 |
Coventry CDI's commence trading ex-distribution on ASX. |
29 January 2014 |
Coventry shares commence trading ex-distribution on TSX-V. |
31 January 2014 |
Effective Date/Distribution Record Date |
4 February 2014 |
Payment Date of Chalice Shares to Coventry shareholders |
7 February 2014 |
Coventry Resources Inc.Steven ChadwickPresident and CEO+61 8
9324 1266
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