ARKADIA CAPITAL CORP. ("AKC.P") CANA VENTURE CAPITAL CORP. ("VCC.P")] BULLETIN TYPE: Amalgamation, Remain Suspended, Delist BULLETIN DATE: March 13, 2014 TSX Venture Tier 2 Companies
1. CPC Combination:
Cana Venture Capital Corp. ("Cana") and 1710560 Alberta Ltd., a wholly-owned subsidiary of Arkadia Capital Corp. ("Arkadia"), have amalgamated pursuant to section 15 of Exchange Policy 2.4 Capital Pool Companies and will continue as one Capital Pool Company, Arkadia Capital Corp. ("Resulting CPC") on the following basis:
1. The holders of 3,091,000 common shares of Cana will receive 0.60434 common share of the Resulting CPC for each one Cana share held.
2. The holders of 6,000,000 common shares of Arkadia will receive one common share of the Resulting CPC for each one Arkadia share held.
Effective at the opening, Friday, March 14, 2014, the common shares of the Resulting CPC., Arkadia Capital Corp. will remain suspended on TSX Venture Exchange and the common shares of Cana will be delisted. The Resulting CPC is classified as a "Capital Pool Company".
Post - Amalgamation Capitalization: Unlimited common shares with no par value of which 7,868,015 common shares are issued and outstanding Escrowed: 2,689,340 common shares
Transfer Agent: Olympia Trust Company Trading Symbol: AKC.P CUSIP Number: 040724 10 6
Company Contact: Dennis Nerland Company Address: Suite 2800, 715 - 5th Avenue SW Calgary, AB T2P 2X6 Company Phone Number: 403-299-9605 Company Email Address: dln@snclaw.com
2. Remain Suspended:
Further to the Exchange's Bulletin dated November 26, 2013, trading in the shares of the Resulting CPC, Arkadia Capital Corp. will remain suspended.
Members are prohibited from trading in the securities of the Resulting CPC, Arkadia Capital Corp. during the period of the suspension or until further notice.
3. Delist:
Effective at the opening, Friday, March 14, 2014, the common shares of Cana will be delisted from TSX Venture Exchange at the request of the Company. ________________________________________
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