This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Orior Technologies closes QT, to resume trading May 5 2008-05-01 14:43 ET - News Release Mr. Lu Barbuto reports ORIOR TECHNOLOGIES INC. - COMPLETION OF QUALIFYING TRANSACTION AND RECOMMENCEMENT OF TRADING ON MAY 5TH Orior Technologies Inc. has closed its qualifying transaction with AIM Health Group Ltd. and expects its shares to recommence trading on the TSX Venture Exchange on May 5, 2008, under the symbol AHG. In connection with the closing of the transaction, Orior issued a total of 51,653,741 common shares in exchange for all of the common shares of AIM outstanding on the closing date, including: - 13,970,878 Orior common shares issued to two companies related to BEST Funds (such companies and other companies related to BEST Funds collectively known as BEST funds), which had acquired AIM common shares for a total subscription price of approximately $3-million pursuant to a subscription agreement dated Feb. 5, 2008;
- 666,666 Orior common shares issued by BEST funds, which had acquired AIM common shares upon the exercise of nominal value warrants granted to BEST funds as part of a $2-million debenture financing completed between AIM and BEST funds in 2007 (with such Orior common shares being escrowed pursuant to exchange requirements);
- 3,682,864 Orior common shares issued in exchange for AIM common shares issuable upon automatic conversion of outstanding AIM convertible notes in the total principal amount of approximately $700,000.
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