Alpha Ventures Inc. Announces Proposed Acquisition of Alpha Corporation.CALGARY, ALBERTA--(BUSINESS WIRE)--April 4, 1997--(Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). ACZ ACZ Ace Combat Zero (game) ACZ Air Combat Zone ACZ Assembly Coder's Zenith ACZ Ashtekar, Corichi, Zapata . ) Alpha Ventures Inc. has announced its intention to make a formal offer (the "Offer") to acquire all of the outstanding shares of Alpha Corporation. Pursuant to the terms of the Offer, Alpha Ventures Inc. will offer to purchase all of the outstanding commons shares of Alpha Corporation on the basis of 1.38 common shares of Alpha Ventures Inc. for each common share of Alpha Corporation. The Offer will be conditional, among other things, upon at least 100 percent of the common shares of Alpha Corporation having been validly deposited under the Offer and not withdrawn. If all of the common shares of Alpha Corporation subject to the Offer are tendered to, and taken up and paid for by Alpha Ventures Inc., 6,978,828 common shares of Alpha Ventures Inc. will be issued to shareholders of Alpha Corporation, representing approximately 71.5 percent of the issued and outstanding common shares of Alpha Ventures Inc. after giving effect to the completion of the Offer (based on 2,775,000 common shares of Alpha Ventures Inc. issued and outstanding on the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" ). Alpha Ventures Inc. is a Junior Capital Pool company within the meaning of the Alberta Securities Commission Policy 4.11. The proposed acquisition of Alpha Corporation constitutes its "Major Transaction" as defined in Policy 4.11. An Alpha Ventures Inc. shareholders meeting to approve the acquisition of Alpha Corporation is scheduled for April 30, 1997. Alpha Corporation is a specialty publishing company involved in the creation and acquisition of book and video products for sales and licensing on a pre-sold basis to Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. , U.S. and international customers. Alpha Corporation, through its Alpha Marketing division, markets and sells its products as single-title and continuity-based promotions to the packaged goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one , food services food services Hospital services A 24/7 department in a hospital that provides for the nutritional needs of inpatients–eg, those needing special diets, preparing meals and transporting them to the floor and, through the cafeteria, the hospital staff and , financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and general retail industries. Alpha Corporation, through its Alpha Media(TM) division, is also involved in the custom packaging of books and videos which are licensed to traditional trade publishers or sold as finished product to end users. CONTACT: Alpha Ventures Inc. Michael P. Kraft, 416/927-7000 416/927-1222 (FAX) |
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