Cobalt 27 Capital Corp. announced today that the Supreme Court of British Columbia issued a final order approving the previously-announced statutory plan of arrangement under the Business Corporations Act pursuant to which Pala Investments Limited will acquire 100% of Cobalt 27's issued and outstanding common shares. Under the Arrangement, each Cobalt 27 shareholder will receive C$4.00 in cash plus one share of [...]
Cobalt 27 Capital Corp. today announces it has filed a management information circular for the annual general and special meeting of shareholders of the Company to be held in connection with the proposed acquisition of Cobalt 27 by Pala Investments Limited by way of a plan of arrangement . Under the Arrangement, Pala would indirectly acquire 100% of Cobalt 27's issued and outstanding common shares for C$5.75 per common [...]
Cobalt 27 Capital Corp. and Pala Investments Ltd. are pleased to announce that they have entered into an agreement pursuant to which Pala will acquire 100% of Cobalt 27's issued and outstanding common shares, other than the approximately 19% that Pala already owns, for total consideration of approximately C$501 million on a 100% basis. Under the terms of the transaction Cobalt 27 shareholders will receive C$5.75 per [...]
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