Business News • MarketWire • Way Ventures Inc. Announces Filing of Final Prospectus in Respect of Its Qualifying Transaction with UGE Holdings Limited |
Way Ventures Inc. Announces Filing of Final Prospectus in Respect of Its Qualifying Transaction with UGE Holdings Limited |
|
|
Way Ventures Inc. Announces Filing of Final Prospectus in Respect of Its Qualifying Transaction with UGE Holdings Limited
TORONTO, ONTARIO--(Marketwired - July 22, 2014) - Way Ventures Inc. ("Way Ventures") (TSX VENTURE:WAY.P), a Capital Pool Company, is pleased to announce that it has received conditional approval from the TSX Venture Exchange (the "Exchange") for completion of its qualifying transaction, as previously announced on September 10, 2013 and as updated on April 14, 2014, with UGE Holdings Limited ("UGE") and has filed its final prospectus in respect of the qualifying transaction on Way Ventures' profile at www.sedar.com. Way Ventures and UGE will complete a business combination (the "Transaction") whereby all of the issued and outstanding securities of UGE will be exchanged for securities of Way Ventures. The Transaction is intended to constitute the Qualifying Transaction of Way Ventures as such term is defined in Policy 2.4 of the Corporate Finance Manual of the Exchange. Upon closing of the Transaction, Way Ventures will change its name to "UGE International Ltd.", and it is anticipated that shortly after closing, common shares of Way Ventures will resume trading on the Exchange under the ticker symbol "UG."
View More : http://www.marketwired.com/mw/release.do?id=1931799&sourceType=3
|
|
|