15:27:13 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Russell Breweries Inc
Symbol RB
Shares Issued 87,083,788
Close 2015-06-30 C$ 0.07
Market Cap C$ 6,095,865
Recent Sedar Documents

Russell takes poison pill, Premier Diversified circles

2015-06-30 23:44 ET - News Release

Mr. Benjamin Yu reports

RUSSELL ADOPTS SHAREHOLDER RIGHTS PLAN

In response to the unsolicited offer by Premier Diversified Holdings Inc., acknowledged in the Russell Breweries Inc. press release issued on June 26, 2015, the board of directors of Russell has adopted a shareholder rights plan. The purpose of the plan is to provide the company with sufficient time to properly consider the bid and its impact on the company, to encourage fair treatment of the shareholders of the company in connection with any unsolicited takeover bid for the company, to develop, consider and pursue all alternatives, and to assist in determining the alternative which is in the best interest of the company. The plan is not intended to deter this or any bid. Russell reminds shareholders to take no action with respect to the offer until such time as the board can make a recommendation.

The plan is in effect. Shareholders must confirm the plan at a meeting to be held within six months. The plan is subject to approval of the TSX Venture Exchange.

The complete text of the plan is available at SEDAR or upon request from the company.

We seek Safe Harbor.

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