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     971  0 Kommentare HHT Investments Inc. Mails Information Circular Regarding REIT Conversion

    TORONTO, ONTARIO--(Marketwired - Feb. 10, 2014) -

    NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

    HHT Investments Inc. (TSX VENTURE:HHT) (the "Corporation"), a capital pool company (as defined in Policy 2.4 (the "CPC Policy") of the TSX Venture Exchange (the "TSXV") Corporate Finance Manual), announced today that on February 6, 2014 it filed a management information circular (the "Information Circular") and notice of special meeting in respect of its previously announced reorganization under a plan of arrangement under the Business Corporations Act (Ontario) (the "Arrangement"), whereby it intends to convert into a real estate investment trust named "Boulevard Industrial Real Estate Investment Trust" (the "REIT"), subject to receipt of all necessary approvals, including the final approval of the TSXV and the shareholders of the Corporation (the "Shareholders"). The Information Circular is available for review under the Corporation's profile at www.sedar.com.

    Arrangement

    Pursuant to the Arrangement, among other things: (i) the issued and outstanding common shares ("Shares") of the Corporation will be exchanged for units ("Units") of the REIT on an one (1) for one (1) basis (the "Exchange Ratio"); and (ii) the issued and outstanding options and warrants to purchase Shares of the Corporation will be exchanged for options and warrants of the REIT to purchase Units, based upon the Exchange Ratio, on terms and conditions identical to the terms and conditions of the original options and warrants.

    Acquisition

    The Information Circular also describes the previously announced acquisition pursuant to which the REIT will acquire from an arm's length vendor (the "Vendor") the lands and buildings located at 1070 St. George Blvd., 1180 St. George Blvd. and 205 Commerce Street in Moncton, New Brunswick (collectively, the "Properties"), as more fully described in the Information Circular. The acquisition of the Properties and the Arrangement are proposed to constitute the Corporation's Qualifying Transaction as defined in the CPC Policy (collectively, the "Proposed Transaction").

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    HHT Investments Inc. Mails Information Circular Regarding REIT Conversion TORONTO, ONTARIO--(Marketwired - Feb. 10, 2014) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES HHT Investments Inc. (TSX VENTURE:HHT) (the "Corporation"), a capital pool company …