At the special meeting of securityholders to approve the Plan of Arrangement held on January 8, 2007, 43,867,337 votes representing 94% of the Common Shares and 2,773,533 votes representing 100% of the Options were voted in favor of the Plan of Arrangement. A majority of the minority shareholders of Centurion also voted in favor of the Plan of Arrangement. In addition, the Court of Queen's Bench of Alberta has approved the Plan of Arrangement.
Centurion expects to file articles of arrangement on or about January 10, 2007 to effect the Plan of Arrangement. Upon the filing of articles of arrangement, Centurion will become a wholly owned subsidiary of Giza and the former shareholders of Centurion will receive $12.00 cash in exchange for their Common Shares
Most Popular Articles
From the Career Center
Jobs that may interest you