Business News • MarketWire • Centiva Mails Circular to Shareholders and Announces Plans to Make Two New Investments |
Centiva Mails Circular to Shareholders and Announces Plans to Make Two New Investments |
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Centiva Mails Circular to Shareholders and Announces Plans to Make Two New Investments
TORONTO, ONTARIO--(Marketwire - Sept. 7, 2011) - Centiva Capital Inc. (TSX VENTURE:CVC) ("Centiva") announced today that it has mailed the Notice of Meeting and Management Information Circular in connection with the Annual and Special Meeting (the "Meeting") of shareholders to be held on September 23, 2011. The Meeting has been called to, among other things, consider the previously announced proposed reorganization of Centiva under which substantially all of Centiva's existing businesses and assets will be transferred to Aylen Capital Inc., a wholly-owned subsidiary of Centiva, and the shares of Aylen will then be distributed to Centiva's shareholders on a share for share basis by way of a reduction of stated capital. The proposed reorganization will be completed as a Plan of Arrangement (the "Arrangement") under the Canada Business Corporations Act.
View More : http://www.marketwire.com/mw/release.do?id=1558284&sourceType=3
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