April 25, 2011 – Results of Special Shareholder Meeting on April 21st, 2011

A special meeting for all shareholders was held at 10:30 a.m. (Eastern time) on Thursday, April 21, 2011 at the offices of the Corporation’s solicitors, WeirFoulds LLP, located at 130 King Street West, Suite 1500, Toronto, Ontario, M5X 1J5.

The vote was held to consider and vote upon a special resolution to approve the amalgamation (the “ Amalgamation ”) of maxill and 2277832 Ontario Inc. (“ Acquisitionco ”), a corporation whose shares are owned by three current shareholders of maxill (the “ Buyers ”) holding an aggregate of approximately 16,619,800 common shares (the “ Common Shares “) and 2,300,000 Class C preference shares (the “ Class C Preference Shares “) of the Corporation.

The resolution was passed in favour of the amalgamation.

Therefore, as of May 1st, 2011, maxill will cease to be a “public” company and will no longer be a reporting issuer for any jurisdiction.  maxill inc. from that point forward will be a private company under Ontario law.

Shareholders that submitted their Letters of Transmittal that they received in the mailing and \ or subsequent proof of Common Share ownership will be paid out in accordance to the terms of the agreement.

For further information please feel free to email John Shaw at: jshaw@maxill.com

back