Common Contracts

AMALGAMATION AGREEMENT

Amalgamation Agreement • January 10th, 2011 • Alberta

• Contract Type
  Amalgamation Agreement
• Filed
  January 10th, 2011
• Jurisdiction
  Alberta

WHEREAS Immunall and Altius have agreed to the terms of a transaction (the "Transaction") that would see the Altius Shareholders acquire approximately 9% of the issued and outstanding common shares of Immunall from the holders thereof in exchange for the assets of Altius and the issuance to the holders of Immunall Shares of common shares in the capital of each of Nautor and Aileron with the result that after completion of the Transaction the holders of Immunall Shares would have an approximate 92% direct or indirect interest in the combined business of Immunall and Altius, with the Altius Shareholders holding the remaining interest. In addition, the holders of Immunall Shares would, in the aggregate, also end up with an approximate 10% interest in the common equity of each Aileron and Nautor;