Leni Gas Cuba moves step closer to completing reverse takeover

Leni Gas Cuba moves step closer to completing reverse takeover
10:10 09 Jun 2016

The application made in the BVI High Court for an order for the company
to convene a meeting to vote on the scheme of arrangement has been
successfully granted.

The Cuba-focised investment company is listed on the ISDX market in the UK
The proposed reverse takeover of Knowlton Capital by Cuba-focused
investment company Leni Gas Cuba Limited (ISDX:CUBA) has moved another
step closer.

The application made in the British Virgin Islands High Court on 8 June
2016 for an order for the company to convene a meeting to vote on the
scheme of arrangement has been successfully granted.

A further announcement will be made shortly confirming the posting of a
circular containing: the scheme document setting out the terms of the
transaction, a notice convening the court ordered shareholders meeting,
a detailed timetable and certain financial and other information on the
company, together with instructions on how to vote on the scheme of
arrangement.

Details of the planned takeover, which will see Leni Gas Cuba's shares
listed in Toronto, can be found here:
http://www.proactiveinvestors.co.uk/companies/news/126550/leni-gas-cuba-moves-a-step-closer-to-toronto-listing-126550.html

Source: Leni Gas Cuba Limited cleared to convene meeting to vote on
reverse takeover -
http://www.proactiveinvestors.co.uk/companies/news/126937/leni-gas-cuba-moves-step-closer-to-completing-reverse-takeover