Big Stick Media Corporation Announces Special Shareholders Approval to Proceed With Amalgamation to Effect Delisting and Privati
14 Juli 2010 - 5:54PM
Marketwired
Big Stick Media Corporation ("BSM" or the "Company") (TSX VENTURE:
BSM) announces that its shareholders resolved to proceed with an
amalgamation with 2242823 Ontario Inc. As a result of the
amalgamation, BSM has applied to the TSX Venture Exchange ("TSXV")
to delist its shares and, therefore, become a private company. BSM
has also applied to the securities regulatory authorities in
Ontario, British Columbia and Alberta such that it is deemed to
have ceased to be a reporting issuer in such jurisdictions.
The subject resolution was approved at BSM's duly constituted
special meeting of its shareholders held today.
Additional details with respect to the amalgamation, delisting
and privatization can be found in BSM's press release of May 20,
2010 and various other publicly filed documents (which can be found
under the Company's profile on SEDAR).
BSM is based in Vancouver, British Columbia and currently trades
on the TSXV under the trading symbol "BSM". Additional information
about BSM may be found at www.bigstickmedia.com and under the
corporate profile at www.sedar.com.
As at the date hereof BSM has 23,991,717 issued and outstanding
common shares.
About Big Stick Media Corporation
Additional information about BSM is available under the
company's profile at www.sedar.com.
Cautionary Statement
This press release may contain certain forward-looking
statements with respect to the Company. These forward-looking
statements, by their nature, involve risks and uncertainties that
could cause actual results to differ materially from those
contemplated. We consider the assumptions on which these
forward-looking statements are based to be reasonable, but caution
the reader that these assumptions regarding future events, many of
which are beyond our control, may ultimately prove to be incorrect.
There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ
materially from those anticipated in such statements. Important
factors that could cause actual results to differ materially from
Big Stick Media Corporation's expectations are various risks
detailed from time to time in the filings made by Big Stick Media
Corporation with securities regulations.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy and
accuracy of this release.
Contacts: Big Stick Media Corporation Christopher S. Kape Chief
Executive Officer (604) 630-6550 ext. 111 chris@jamcocapital.com
www.bigstickmedia.com
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