Anzeige
Mehr »
Login
Donnerstag, 28.03.2024 Börsentäglich über 12.000 News von 687 internationalen Medien
Spezial am Donnerstag: Rallye II. - Neuer Anstoß, News und was die Börsencommunity jetzt nicht verpassen will…
Anzeige

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Fonds

Kurs

%

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche
Marketwired
247 Leser
Artikel bewerten:
(0)

Straight KKM 2 Limited Acquires Common Shares of Feronia Inc.

TORONTO, ONTARIO -- (Marketwired) -- 10/16/17 -- Further to its news release of September 25, 2017, Straight KKM 2 Limited ("KKM") announces that it has closed the first tranche (the "First Tranche") of its subscription (the "Subscription") for common shares of Feronia Inc. ("Feronia").

Under the First Tranche, KKM acquired 62,650,000 Common Shares at a price of Cdn.$0.18 per Common Share, for an aggregate subscription price of Cdn.$11,277,000 (payable in US dollars based on a fixed exchange rate of Cdn.$1.253 per US$1.00 as set out in the relevant subscription agreement).

Following the closing of the First Tranche, KKM now has ownership of, and control over, 62,650,000 Common Shares, representing approximately 14.76% of the issued and outstanding Common Shares of Feronia. In addition, assuming closing of the US$8.5 million balance of the Subscription and the completion of the transaction contemplated by the sale and purchase agreement between KKM and CDC Group plc (as announced on September 25, 2017), KKM will have ownership of, and control over, 183,157,277 Common Shares, representing approximately 37.86% of the issued and outstanding Common Shares.

KKM acquired the Common Shares pursuant to the transactions described herein for investment purposes. KMM will monitor the business, prospects, financial condition and potential capital requirements of Feronia. Depending on its evaluation of these and other factors, KKM may, from time to time in the future, increase or decrease its ownership, control or direction over the Common Shares or other securities of Feronia through market transactions, private agreements, subscriptions from treasury or otherwise.

KKM will file an early warning report pursuant to National Instrument 62-104 Take-over Bids and Issuer Bids on SEDAR (www.sedar.com) under Feronia's SEDAR profile. Feronia's registered address is: Suite 1800, 181 Bay Street, Toronto, Ontario M5J 2T9.

To obtain a copy of the early warning report, please contact:

Straight KKM 2 Limited
c/o Adansonia Management Services Limited
C2-202, Level 2, Office Block C
La Croisette, Grand Baie 30517
Mauritius
Attention: Kalaa Mpinga
Tel: +230 269 4166

Contacts:
Straight KKM 2 Limited
Attention: Kalaa Mpinga
Tel: +230 269 4166

Großer Dividenden-Report 2024 von Dr. Dennis Riedl
Der kostenlose Dividenden-Report zeigt ganz genau, wo Sie in diesem Jahr zuschlagen können. Das sind die Favoriten von Börsenprofi Dr. Dennis Riedl
Jetzt hier klicken
© 2017 Marketwired
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.