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BRIEF-SDX Energy Announces Arrangement Agreement For Proposed Re-Domicile To UK

Published 2019-04-08, 02:23 a/m
BRIEF-SDX Energy Announces Arrangement Agreement For Proposed Re-Domicile To UK
3KX
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April 8 (Reuters) - SDX Energy Inc SDX.L :

* ARRANGEMENT AGREEMENT FOR PROPOSED RE-DOMICILE TO UK

* SDX UK WILL ACQUIRE ALL OF ISSUED AND OUTSTANDING COMMON SHARES IN CAPITAL OF COMPANY IN EXCHANGE FOR NEW ORDINARY SHARES IN SDX UK

* ENTERED INTO AGREEMENT ON 5 APRIL TO RELOCATE CORPORATE RESIDENCE FROM CANADA TO UK, WITH GROUP REORGANISATION, & TO DELIST FROM TSX-V

* SDX UK WILL APPLY FOR ADMISSION TO TRADING OF SDX UK SHARES ON AIM MARKET OF LONDON STOCK EXCHANGE PLC

* UPON ADMISSION OF SDX UK SHARES TO TRADING ON AIM, SDX CANADA INTENDS TO DELIST SDX CANADA SHARES FROM TSXV

* OBTAINED AN INTERIM ORDER FROM COURT OF QUEEN'S BENCH OF ALBERTA

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