Examples of CanniMed Shares in a sentence
Any such exercise must be made sufficiently in advance of the Expiry Time to ensure that CanniMed Shares will be available for deposit at or prior to the Expiry Time or in sufficient time to comply with the procedures referred to in Section 3 of the Offer to Purchase, “Manner of Acceptance – Procedure for Guaranteed Delivery”.
CDS and DTC will be issuing instructions to their participants as to the method of depositing such CanniMed Shares under the terms of the Offer.
On March 15, 2018, the Company acquired an 87.2% ownership interest in CanniMed pursuant to an offer (the “Offer”) to acquire all of the issued and outstanding CanniMed Shares not owned by Aurora.
CanniMed Shareholders who wish to accept the Offer will not be required to pay any fee or commission if they tender their CanniMed Shares directly to the Depositary and Information Agent.
The Offeror has engaged Laurel Hill to act as depositary for the receipt of certificate(s) or DRS statement(s) in respect of CanniMed Shares and related Letters of Transmittal and Notices of Guaranteed Delivery deposited under the Offer.
If you are a Beneficial Shareholder you should contact your Intermediary for instructions and assistance in receiving the consideration for your CanniMed Shares.
Although the Offeror has no present intention to sell CanniMed Shares taken up under the Offer, the Offeror reserves the right to make or enter into agreements, commitments or understandings prior to the Expiry Time to sell any of such CanniMed Shares after the Expiry Time, subject to applicable Law and to compliance with Section 2.7(2) of NI 62-104.
If you hold CanniMed Shares through a broker or other nominee and such broker or nominee currently, based on the publicly available financial information regarding CanniMed, the Offeror does not believe they constitute a Notifiable Transaction.
If a CanniMed Shareholder owns CanniMed Shares through a broker, dealer or other nominee and such nominee deposits the CanniMed Shares on the CanniMed Shareholder’s behalf, the nominee may charge a fee for performing this service.
A withdrawal of CanniMed Shares tendered to the Offer can only be accomplished in accordance with the procedures described above in this Section 6.