VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 25, 2013) - Royal Oak Ventures Inc. (CNSX:ROV)(CNSX:ROV.B) ("Royal Oak") is pleased to announce that it has mailed to shareholders of record as of the close of business on November 18, 2013, a management information circular and related materials in connection with the special meeting of holders of common shares and non-voting shares (collectively "Royal Oak Shares") of Royal Oak to be held on December 19, 2013 to consider a special resolution (the "Resolution") to approve an amalgamation (the "Amalgamation") of Royal Oak and 2395914 Ontario Inc. ("Holdco").
Should the Resolution be passed and the Amalgamation completed, holders of Royal Oak Shares (other than Holdco, its affiliates and any dissenting shareholders) will be eligible to receive $0.15 for each Royal Oak Share held prior to the Amalgamation.
About Royal Oak
Royal Oak Ventures Inc. is an investment holding company and its principal business relates to its investment holdings. Royal Oak's investment portfolio consists principally of equity and debt securities. The investment portfolio provides the company liquidity to fund its operations and to provide financial resources to develop new business opportunities when they become available.
About 2395914 Ontario Inc.
Refer to the management information circular for further details.
Contact Information:
Derek Gorgi
Vice-President, Finance and Chief Financial Officer
(416) 363-9491
derek.gorgi@brookfield.com