Ontario · Winding-up (provincial)

Supplementary Application Record dated January 6, 2016

Application / notice of application · 6 January 2016

AI summary

A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.

What we verified from this filing3 verified

proceeding typewinding_up_provincial
statutory basisSECTION 211 OF THE CANADA BUS/NESS CORPORATIONS ACf, R.S.C. 1985, c. C-44, AS AMENDED
recovery outcomeentries: basis: estimated · quote: the Distribution is now estimated to be 51.69 to S1,98 per share (after deducting estimated taxes, all corporate and Special Crops Division related debt and all wind-up and transaction related expenses as set out under the heading "Use of Proceeds from the Sale Transaction" in the Company's Management lnformation Circular dated October tZ,2OI5 ("the Circular"). · pct of: unstated · outcome: distribution · class key: equity · stated by: debtor · amount low: 1.69 · amount high: 1.98 · class label: shareholders · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The Company previously estimated that the net amount available for distribution to shareholders to be Sf.6S to 51.98 per share (after deducting estimated taxes, all corporate and Special Crops Division related debt and all wind-up and transaction related expenses as set out under the heading "Use of Proceeds from the Sale Transaction" in the Company's Management lnformation Circular dated October L2,20!5, as amended). · pct of: unstated · outcome: distribution · class key: equity · stated by: debtor · amount high: 1.98 · class label: shareholders · interim final: unstated · claims qualifier: unstated · table missing: