Lakeview Hotel REIT Announces Results of Special Meeting
07 December 2012 - 9:53AM
PR Newswire (Canada)
Lakeview Hotel REIT Announces Results of Special Meeting
/NOT FOR DISSEMINATION IN THE UNITED
STATES OR FOR DISTRIBUTION TO U.S NEWS WIRE SERVICES/
WINNIPEG,
Dec. 6, 2012 /CNW/ - Lakeview Hotel
Real Estate Investment Trust (TSXV:LHR.UN) (the "REIT") is
pleased to announce that its unitholders overwhelmingly approved
the proposed conversion (the "Conversion") of the REIT from
a mutual fund trust into a corporation called Lakeview Hotel
Investment Corp. ("LHIC") at a special meeting of the REIT's
unitholders held on December 6, 2012.
Subject to receipt of a final order from the Manitoba Court of Queen's Bench and the
satisfaction or waiver of all other closing conditions (as such
conditions are set out in the Arrangement Agreement dated
October 11, 2012 and filed on SEDAR),
the Conversion is expected to take effect no later than
December 31, 2012 at 11:59 p.m. (Ottawa Time).
About the REIT
Lakeview REIT is a real estate investment trust,
which is listed on the TSX Venture Exchange under the symbol
"LHR.UN". Lakeview REIT receives income from ownership,
management and licensing of hotel properties. For further
information on Lakeview REIT please visit our website
www.lakeviewreit.com.
Neither 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.
SOURCE Lakeview Hotel Real Estate Investment Trust
Copyright 2012 Canada NewsWire
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