Global Crossing Airlines Group Inc.: Global Crossing Airlines Announces Interim Order for Spin-Out of Canada Jetlines
TSXV: JET) (OTCQB: JETMF) (the
Company or
GlobalX ) is pleased to announce the receipt of an Interim Order from the Supreme Court of British Columbia (the
Interim Order ) in connection with their previously announced plan of arrangement (the
Arrangement ) pursuant to which GlobalX will spin-out the shares of its wholly-owned subsidiary Canada Jetlines Operations Ltd. (
Jetlines ) to its shareholders. Having obtained the Interim Order, GlobalX has posted an Information Notice on SEDAR at www.sedar.com that contains all of the details regarding the Arrangement.
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MISSISSAUGA, Ontario, Jan. 12, 2021 (GLOBE NEWSWIRE) Cargojet Inc. ( Cargojet or the Company ) (TSX:CJT) is pleased to announce that it has entered into an agreement with Scotiabank, CIBC Capital Markets, RBC Capital Markets, J.P. Morgan Securities Canada Inc., Morgan Stanley Canada Limited and BMO Capital Markets acting as co-leads and joint bookrunners, on behalf of a syndicate of underwriters (collectively, the Underwriters ), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 1,642,000 common voting shares ( Common Voting Shares ) and/or variable voting shares ( Variable Voting Shares and, together with the Common Voting Shares, the Shares ) of Cargojet at a price of C$213.25 per Share (the Offering Price ) for aggregate gross proceeds to Cargojet of C$350,156,500 (the Offering ).