22:38:38 EDT Wed 01 May 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

ORIGINAL: Totally Hip receives final court OK for spinouts

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

Received by email:

File: THP_NR_2017_11_20_PoA.pdf

                                                                                              News Release
TECHNOLOGIES INC.                                                                              November 20, 2017

889 West Pender Street, Suite 702
Vancouver, BC Canada V6C 3B2
Tel: 604.683.3288 / Email: totallyhip2@gmail.com                                                       TSX-V: THP




                                PLAN OF ARRANGEMENT UPDATE


Vancouver, BC   November 20, 2017   Totally Hip Technologies Inc. ("Totally Hip") is
pleased to announce that the Supreme Court of British Columbia has granted final court approval
of the Company's proposed plan of arrangement. The Company is now proceeding with the plan
of arrangement approved by shareholders on October 13, 2017. The arrangement provides for six
wholly-owned subsidiaries of Totally Hip (the "Spincos") 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.

For further information on investor or corporate matters please email totallyhip2@gmail.com.

On Behalf of the Board of Directors:

TOTALLY HIP TECHNOLOGIES INC.

"John Brydle"

John Brydle, Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Statements   This news release contains certain forward looking statements,
including statements regarding the completion and timing of the Arrangement. There is no guarantee that any of the
transactions and events disclosed herein will be completed as proposed or at all. The Arrangement remains subject
to final approval of the TSX Venture Exchange. When relying on forward-looking statements to make decisions,
investors and others should carefully consider the foregoing factors and other uncertainties and should not place
undue reliance on such forward-looking statements. Totally Hip does not undertake to update any forward looking
statements, oral or written, made by itself or on its behalf except as required by law .




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