Source: Marketwired

Press Release: Canexus : Canexus Files and Mails Meeting Materials for Upcoming Special Meeting of Shareholders

CALGARY, AB--(Marketwired - January 12, 2017) - Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus") today announces the SEDAR filing and mailing of the Management Information Circular and Proxy Statement for the February 8, 2017 Special Meeting of Shareholders to approve the acquisition of all of the issued and outstanding shares of the Corporation by an indirect wholly-owned subsidiary of Chemtrade Logistics Income Fund ("Chemtrade") for cash consideration of $1.65 per share, all pursuant to a statutory plan of arrangement (the "Arrangement"). As Canexus announced by press release on December 15, 2016, the Arrangement was unanimously recommended by Canexus' Board.

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Est. Annual Revenue
$100-500M
Est. Employees
250-500
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