Toronto, Ontario--(Newsfile Corp. - April 23, 2021) - Platform 9 Capital Corp. (TSXV: PN.P) ("Platform" or the "Corporation"), is pleased to announce that the shareholders approved all matters brought before them at its annual and special meeting of shareholders (the "Meeting") held today, including all matters required pursuant to its qualifying transaction with Sol Cuisine Inc. (the "Proposed Transaction").
Additional details regarding the Meeting and the Proposed Transaction are available in the management information circular provided to shareholders and news releases filed under Majesta's profile on SEDAR at www.sedar.com.
Completion of the Proposed Transaction is subject to a number of conditions including, but not limited to: (a) receipt of regulatory approvals; (b) acceptance of the Proposed Transaction as Platform's Qualifying Transaction by the TSX Venture Exchange ("TSXV"); and (c) receipt of approval for the listing of the common shares of the resulting issuer by the TSXV. There can, however, be no assurance that the Proposed Transaction will be completed as proposed or at all. Sponsorship may be required by the TSXV unless exempt in accordance with TSXV policies.
Investors are cautioned that, except as disclosed in the filing statement to be prepared in connection with the Proposed Transaction, any information released or received with respect to the Proposed Transaction may not be accurate or complete and should not be relied upon.
Trading in securities of a capital pool company should be considered highly speculative. Shares of Platform are currently halted from trading on the TSXV, and trading is not expected to resume until closing of the Proposed Transaction.
The TSX Venture Exchange Inc. has in no way passed upon the merits of the Proposed Transaction and has neither approved nor disapproved the contents of this press release.
About Platform 9 Capital Corp.
Platform 9 Capital Corp. is incorporated under the laws of the Province of Ontario and is a Capital Pool Company listed on the TSXV. It has not commenced commercial operations and has no assets other than cash. For further information, please see the final prospectus of the Company dated May 17, 2018 filed on SEDAR at www.sedar.com.
For more information please contact:
John Travaglini, Chief Executive Officer
Platform 9 Capital Corp.
Telephone: (416) 861-1100
Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/81595
