![]() Each Rights Unit will consist of one Common Share (a “Unit Share”) and one transferable Common Share purchase warrant (a “Unit Warrant”). Each whole Right will entitle the holder to subscribe for 0.494555 of a unit (a “Rights Unit”). Pursuant to the Rights Offering, each holder of Common Shares resident in a province or territory in Canada or in the United States (subject to restrictions in certain states) (the “Eligible Jurisdictions”) will receive one right (a “Right”) for each one Common Share held. The Rights Offering is being conducted in connection with Razor’s debt settlement agreement with Alberta Investment Management Corporation (“AIMCo”), pursuant to which AIMCo and Razor have agreed, subject to certain terms and conditions, to the settlement of all obligations owing by Razor to AIMCo under the senior second amended and restated loan agreement dated Februthrough the transfer (the “FutEra Share Transfer Transaction”) to AIMCo of equity interests held by Razor in FutEra Power Corp., as disclosed in Razor’s press release dated (the “Recapitalization Transaction”). The next issue of Edmonton Journal Headline News will soon be in your inbox. If you don't see it, please check your junk folder. ![]()
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