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Mining & Metals
Ravelin Properties REIT Unitholders, Debentureholders OK Clarke Deal
Ravelin Properties REIT (RPR-UN.TO) said Monday that both its unitholders and debentureholders have approved the proposed arrangement that will see real estate company Clarke (CKI.TO) buy it in a transaction that values Ravelin at $1.1 billion, including the assumption of debt, and the pro-forma entity at a combined $1.7 billion.The approvals came at special meetings held earlier today and cover the REIT's outstanding 9.00%, 5.50%, and 7.50% convertible unsecured subordinated debentures, according to a statement.The arrangement is expected to become effective on or about May 29, subject to several remaining conditions. These include receiving a final order from the Ontario Superior Court of Justice (Commercial List), approval from the Toronto Stock Exchange, and the satisfaction or waiver of customary closing conditions. The court hearing for the final order is set for May 27, it said.
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Mining & Metals
G2 Goldfields Announces Filing and Mailing of Meeting Materials in Connection With Acquisition by G Mining Ventures and Spin-Out With G3 Goldfields
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Mining & Metals
Asian Television Network International Latest TSX Venture Co To Adopt Semi-Annual Reporting
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