Ticker Symbol: C:LXC C:CNH
Lingxian Capital QT, name change to Crownia Holdings
Lingxian Capital Inc (C:LXC)
Shares Issued 6,000,000
Monday September 14 2015 – Change Name
Also Crownia Holdings Ltd (C:CNH) Change Name
The TSX Venture Exchange has accepted for filing Lingxian Capital Corp.’s qualifying transaction described in its filing statement dated Aug. 27, 2015. As a result, effective at the opening on Tuesday, Sept. 15, 2015, the trading symbol for the company will change from LXC.P to CNH and the company will no longer be considered a capital pool company
The exchange has accepted for filing an arm’s-length share exchange agreement dated Aug. 24, 2015, between the company and Jinsili International Steel Holdings Co. Ltd. (and its shareholders and subsidiaries) pursuant to which the company has agreed to acquire all of the issued and outstanding share capital of Jinsili.
For further information on the qualifying transaction please read the company’s filing statement available on SEDAR.
Insider participation:None. At the time the transaction was agreed to, the company was at arm’s-length to Jinsili and Jinsili’s shareholders.
Pursuant to a resolution passed by directors Aug. 26, 2015, the company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on Tuesday, Sept. 15, 2015, the common shares of Crownia Holdings Ltd. will commence trading on the TSX Venture Exchange, and the common shares of Lingxian Capital will be delisted. The company is classified as a steel wholesaler.
Capitalization:unlimited common shares with no par value of which 31 million common shares are issued and outstanding
Escrow:24 million common shares are subject to 36-month staged release escrow
Transfer agent:Equity Financial Trust Company
New Cusip No.:228698 10 6
© 2015 Canjex Publishing Ltd.