| Take-over Offer to Purchase Common Shares (Alberta) |
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Prepare an Offer to Purchase Common Shares for Cash with this template form for Alberta. The offer is made by a third party who is offering to purchase all of the common shares of a privately held Alberta corporation. Provisions of the offer include: The Board of Directors has approved the offer and unanimously recommends that the shareholders accept. The offer is made for shares only, and is not made for options or for securities convertible into shares. The offeror will not be obligated to complete the transaction if less than 90% of the outstanding shares are not deposited in accordance with the offer. If the offeror acquires at least 90% of the outstanding shares, it may acquire the remaining shares under the compulsory acquisition provisions of the Alberta Business Corporations Act. This Alberta Take-over Offer to Purchase Common Shares is a downloadable and fully editable MS Word document. |