22:49:02 EDT Thu 18 Apr 2024
Enter Symbol
or Name
USA
CA



Totally Hip Technologies Inc
Symbol THP
Shares Issued 83,282,620
Close 2017-11-17 C$ 0.245
Market Cap C$ 20,404,242
Recent Sedar Documents

Totally Hip receives final court OK for spinouts

2017-11-20 17:14 ET - News Release

Mr. John Brydle reports

PLAN OF ARRANGEMENT UPDATE

The Supreme Court of British Columbia has granted final court approval of Totally Hip Technologies Inc.'s proposed plan of arrangement. The company is now proceeding with the plan of arrangement approved by shareholders on Oct. 13, 2017. The arrangement provides for six wholly owned subsidiaries of Totally Hip to be spun out to the holders of Totally Hip common shares. Pursuant to the arrangement, each Totally Hip shareholder will receive one share in each of the Spincos for each of their Totally Hip shares. Upon completion of the arrangement, each of the Spincos will become a reporting issuer in British Columbia and Alberta. The arrangement has been conditionally approved by the TSX Venture Exchange.

We seek Safe Harbor.

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