BULLETIN V2024-1148
THINK RESEARCH CORPORATION ("THNK")
BULLETIN TYPE: Plan of Arrangement-, Delist
BULLETIN DATE: April 19, 2024
TSX Venture Tier 1 Company
Effective at the close of business on Monday, April 22, 2024, the common shares of Think Research Corporation ("Think") will be delisted from TSX Venture Exchange. The delisting of Think shares results from the completion of a court-approved Plan of Arrangement under the Business Corporations Act (Ontario) (the "Arrangement"), pursuant to an Arrangement Agreement dated February 15, 2024 with Beedie Investments Ltd. (the "Buyer"), whereby the Buyer acquired all of the issued and outstanding common shares of Think (not already owned by the Buyer or held by continuing shareholders).
The Arrangement was approved by Think's shareholders on April 4, 2024 and approved by the Ontario
Superior Court of Justice (Commercial List) on April 9, 2024. Under the terms of the Arrangement, each of the outstanding Shares (other than those held by the Buyer or continuing shareholders) will be acquired by the Buyer for cash consideration of C$0.32 per Share.
For further details, please refer to Think's Management Information Circular dated March 1, 2024 and news releases dated February 16, 2024, March 5, 2024, April 5, 2024 and April 18, 2024.
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