1535633 Alberta Ltd.

July 09, 2010 17:40 ET

1535633 Alberta Ltd.: Press Release

TORONTO, ONTARIO--(Marketwire - July 9, 2010) - 1535633 Alberta Ltd. (the "Offeror"), a wholly-owned subsidiary of Century Services LP, announced today that it has extended its offer (the "Offer") to acquire all of the issued and outstanding common shares of C.A. Bancorp Inc. for $1.50 per share in cash to 5:00 p.m. (Toronto time) on Friday July 30, 2010, unless further extended or withdrawn. Other than the aforementioned extension, the terms and conditions of the Offer described in the Offeror's offer and take-over bid circular dated June 3, 2010 remain unchanged. 

The Offeror will shortly mail a formal notice of extension to shareholders of C.A. Bancorp Inc. The notice of extension will also be available on the SEDAR website at www.sedar.com.

The Offeror strongly encourages shareholders of C.A. Bancorp Inc. to read the offer and take-over bid circular mailed to all shareholders of C.A. Bancorp Inc. on June 3, 2010, together with the notice of extension. The offer and take-over bid circular, as amended by the notice of extension, contain the full terms and conditions of the Offer as well as detailed instructions on how shareholders can tender their common shares to the Offer.

Shareholders of C.A. Bancorp Inc. electing to tender their common shares to the Offer must complete the letter of transmittal or, if necessary, the notice of guaranteed delivery (both of which accompany the offer and take-over bid circular) and return the appropriate document in accordance with the terms and conditions as more fully set out in section 3 of the Offer, under the heading "Manner of Acceptance". If common shares of C.A. Bancorp Inc. are held in an account with an investment dealer, stockbroker, bank, trust company or other nominee, the shareholder should contact such representative for instructions on how to deposit their common shares to the Offer.

For assistance in tendering common shares to the Offer, shareholders of C.A. Bancorp Inc. are encouraged to contact the Offeror's soliciting Agent, Laurel Hill Advisory Group Company at 1-888-239-4509 (banks and brokers call (416) 304-0211).

This Press Release is for informational purposes only and does not constitute an offer to purchase nor a solicitation for acceptance of the Offer described above.

Contact Information

  • Laurel Hill Advisory Group Company
    1-888-239-4509 (banks and brokers call (416) 304-0211)