Consolidated Envirowaste to Complete Going-Private Transaction Effective February 26, 2010
24 February 2010 - 6:45AM
Marketwired Canada
Consolidated Envirowaste Industries Inc. (TSX VENTURE:CWD) (the "Company") is
pleased to announce that its going-private arrangement transaction, under which
a company owned by James Darby, Douglas Halward and their spouses will acquire
all of the outstanding shares of the Company not already owned or controlled by
them for $0.14 per share in cash, will become effective on February 26, 2010.
Former holders of shares of the Company should surrender their share
certificates to the depositary, together with a properly completed letter of
transmittal, to receive the cash payment.
Letters of transmittal were mailed out with the materials for the January 29,
2010 meeting of shareholders at which the arrangement transaction was approved.
Further copies are available under the Company's profile at www.sedar.com.
Trading in the Company's shares has been halted. The shares will be de-listed
from the TSX Venture Exchange following the effective date of the arrangement.
On behalf of the board of Directors
CONSOLIDATED ENVIROWASTE INDUSTRIES INC.
Douglas R. Halward, Director
Cons Envirowaste Industries Inc. (Tier1) (TSXV:CWD)
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