Dealnet Capital Corp. (“
Dealnet” or the
“
Company”) (TSX VENTURE: DLS) and Simply Group
Acquisition Corp. (the “
Offeror”), part of the
Simply Group of Companies, are issuing a correction to the press
release filed October 15, 2020 titled “Dealnet and Simply Group
Acquisition Corp. Announce Successful Take-up of Shares under the
Offer.” Due to a technical error that failed to report a valid
tender before the expiry of the offer, the amount of common shares
(“
Common Shares”) being taken up and paid for
under the offer has increased to 216,616,438 (representing
approximately 76.58% of the issued and outstanding Common Shares).
The aggregate consideration payable for the Deposited Shares is now
C$34,658,630.08.
Immediately prior to taking up the Deposited
Shares, Lawrence Krimker who beneficially controls the Offeror,
owned or controlled 155,000 Common Shares (representing
approximately 0.05% of the issued and outstanding Common Shares).
Immediately after taking up the Deposited Shares, the Offeror owns
or controls 216,616,438 Common Shares (representing approximately
76.58% of the issued and outstanding Common Shares).
All other information contained within the press
release is accurate. The updated information contained above also
serves as correction to information contained in the Offeror’s
Notice of Extension dated October 14, 2020, which was mailed to
shareholders of the Company on October 15, 2020.
Advisors
Dealnet has engaged Goodmans LLP as its legal
advisor, Origin Merchant Partners as its financial advisor and
Longview Communications & Public Affairs as its strategic
communications advisor in connection with the Offer.
The Offeror has engaged Stikeman Elliott LLP as
its legal advisor and Raymond James Ltd. as its financial advisor
in connection with the Offer. Kingsdale Advisors is acting as
information agent and depository.
Information on Depositing Your Common
Shares
The Offeror has retained Kingsdale Advisors to
act as depositary and information agent (the “Depositary
and Information Agent”) for the Offer. Shareholders can
obtain copies of the take-over bid circular and related Offer
materials at no charge from the Depositary and Information
Agent.
For additional information, Shareholders can
contact the Depositary and Information Agent toll free in North
America at 1-866-851-3214 or call collect outside North America at
416-867-2272 or by email at contactus@kingsdaleadvisors.com.
About Dealnet Capital Corp.
Dealnet is the parent company of subsidiaries
operating in two market segments, consumer finance and call centre.
The Company operates in the consumer finance segment in Canada
through EcoHome Financial Inc. (“EcoHome”) and its call centre
segment under the One Contact banner (“One Contact”). Dealnet’s
head office is located at 130 King Street West, Suite 501, Toronto,
ON M5X 1C7.
EcoHome is a specialty finance company serving
the $20 billion Canadian home improvement finance market. EcoHome
develops and supports consumer sales financing programs for
approved dealers and distributors under agreements with original
equipment manufacturers that supply a wide range of home
improvement products to the retail market. Through a dealer
network, EcoHome underwrites, originates, funds and services the
prime quality loans and leases that homeowners need to finance the
acquisition and installation of capital assets that improve the
quality, comfort and safety of their homes.
One Contact offers customer support services to
both EcoHome and third-party institutions across Canada and the
U.S.
For additional information please visit
www.sedar.com.
About Simply Group
With more than $1.25 billion in assets under
management, Simply Group (mysimplygroup.com) provides industry
leading, high-efficiency, home comfort equipment and financing
solutions to customers, to modernize their residential, commercial
and industrial properties. Simply Group knows that its people are
its greatest asset and is proud to be Great Place to Work-Certified
since 2016. In 2020, Simply Group was named Best Business of the
Year by the Canadian SME National Business Awards.The Offeror is
located at 2225 Sheppard Avenue East, Suite 800, North York, ON M2J
5C2.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Forward-looking Statements
This news release contains certain
“forward-looking information” within the meaning of applicable
securities law. Forward looking information is frequently
characterized by words such as “plan”, “expect”, “project”,
“intend”, “believe”, “anticipate”, “estimate”, “may”, “will”,
“would”, “potential”, “proposed” and other similar words, or
statements that certain events or conditions “may” or “will” occur.
These statements are only predictions. Forward-looking information
is based on the opinions and estimates of management at the date
the information is provided, and is subject to a variety of risks,
including the effects of Covid-19, and uncertainties and other
factors that could cause actual events or results to differ
materially from those projected in the forward-looking information.
For a description of the risks and uncertainties facing the Company
and its business and affairs, readers should refer to the Company’s
most recent management’s discussion and analysis. The Company
undertakes no obligation to update forward-looking information if
circumstances or management’s estimates or opinions should change,
unless required by law. The reader is cautioned not to place undue
reliance on forward-looking information.
Contact Information
Dealnet Capital Corp.
Brent Houlden Chief Executive Officer (905) 695-8557 ext.1145
bhoulden@dealnetcapital.com
Simply Group Acquisition Corp.
Kingsdale Advisors
Toll free: 1-866-851-3214 Local: 416-867-2272
contactus@kingsdaleadvisors.com.
DealNet Capital (TSXV:DLS)
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DealNet Capital (TSXV:DLS)
過去 株価チャート
から 2 2024 まで 2 2025