Macro Enterprises Inc.

Recent News

  • Macro Enterprises Inc. Announces Completion of Plan of Arrangement

    Fort St. John, British Columbia--(Newsfile Corp. - April 20, 2022) - MACRO ENTERPRISES INC. (TSXV: MCR) (the "Company" or "Macro") is pleased to announce the completion of its previously announced arrangement involving 1325996 B.C. Ltd. ("AcquireCo") pursuant to a plan of arrangement (the "Plan of Arrangement") under Division 5 of Part 9 of the Business Corporations Act (British Columbia) (as amended, the "Arrangement"). The Arrangement became effective at 12:01 a.m. (Vancouver time) on April 20, 2022 (the "Effective Time") and,...

    2022-04-20 6:00 AM EDT
  • Macro Obtains Final Order for Proposed Arrangement

    Fort St. John, British Columbia--(Newsfile Corp. - April 6, 2022) - MACRO ENTERPRISES INC. (TSXV: MCR) (the "Company" or "Macro") is pleased to announce that the Company has obtained a final order from the Supreme Court of British Columbia approving the plan of arrangement (as amended, the "Arrangement") involving 1325996 B.C. Ltd. ("AcquireCo"), pursuant to which, among other things, AcquireCo will acquire all of the issued and outstanding shares in the capital of the Company. Receipt of the final order...

    2022-04-06 7:32 PM EDT
  • Macro Securityholders Approve Going Private Transaction

    Fort St. John, British Columbia--(Newsfile Corp. - April 4, 2022) - MACRO ENTERPRISES INC. (TSXV: MCR) (the "Company" or "Macro") is pleased to announce that, at the special meeting of securityholders of the Company held today (the "Meeting"), securityholders approved the special resolution (the "Arrangement Resolution") in respect of the previously announced plan of arrangement under Division 5 of Part 9 of the Business Corporations Act (British Columbia) (as amended, the "Arrangement") involving 1325996 B.C. Ltd. ("AcquireCo"), an entity to...

    2022-04-04 2:38 PM EDT
  • Macro Provides Transaction Update

    Fort St. John, British Columbia--(Newsfile Corp. - April 1, 2022) - MACRO ENTERPRISES INC. (TSXV: MCR) (the "Company") announces that, further to its press release of March 28, 2022, the Company, together with 1325996 B.C. Ltd. ("AcquireCo"), have agreed to amend the terms of the arrangement agreement between the Company and AcquireCo dated February 14, 2022 (the "Arrangement Agreement") and the terms of the plan of arrangement under Division 5 of Part 9 of the Business Corporations Act (British Columbia)...

    2022-04-01 7:18 PM EDT
  • Macro Enterprises Provides Update on Going Private Transaction

    Fort St. John, British Columbia--(Newsfile Corp. - March 28, 2022) - MACRO ENTERPRISES INC. (TSXV: MCR) (the "Corporation" or "Macro Enterprises") is providing the following update on its previously announced going private transaction (the "Transaction" or the "Arrangement") whereby each common share in the capital of Macro Enterprises (a "Macro Enterprises Share") would be acquired by 1325996 B.C. Ltd. ("AcquireCo") for consideration of $4.00 per share, in accordance with the terms of an arrangement agreement dated February 14, 2022 among...

    2022-03-28 10:02 PM EDT
  • Both Leading Independent Proxy Advisors Recommend Macro Enterprises Shareholders Vote for the Proposed Arrangement

    Glass Lewis states the cash consideration of $4.00 per share "represents the best path to maximize value for Macro shareholders at this time".ISS cites the certain and immediate value of the cash consideration in recommending shareholders vote FOR the proposed ArrangementMacro shareholders and Macro optionholders are encouraged to vote well in advance of the proxy deadline of March 31, 2022 at 10:00 a.m. (Vancouver time).Macro shareholders and Macro optionholders who have questions or need assistance in voting should contact Laurel...

    2022-03-21 7:43 PM EDT
  • Macro Enterprises Extends Condolences on the Passing of Kenneth Mastre

    Fort St. John, British Columbia--(Newsfile Corp. - March 20, 2022) - MACRO ENTERPRISES INC. (TSXV: MCR) (the "Company" or "Macro") is saddened to announce that Kenneth Mastre, Vice-President, Pipelines, suddenly and unexpectedly passed away earlier this week in hospital recovering from an operation. The board of directors and all of the employees at Macro wish to extend their heartfelt condolences to Mr. Mastre's wife, their young children and the rest of his close knit family."Ken was an extraordinary part of...

    2022-03-20 10:56 PM EDT
  • Macro Mails Circular for Special Meeting of Securityholders, Announces Receipt of Interim Court Order for Plan of Arrangement

    The Cash Consideration (as defined below) of CAD $4.00 per Macro Common Share (as defined below) represents a significant premium of approximately 46% to the 20-day volume weighted average price of the Macro Common Shares on the TSXV (as defined below) as of February 11, 2022Macro Shareholders (as defined below) and Macro Optionholders (as defined below) are encouraged to vote well in advance of the proxy deadline of March 31, 2022 at 10:00 a.m. (Vancouver time)Macro Shareholders and Macro Optionholders...

    2022-03-04 8:25 PM EST