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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