Takeover Bid Offer to Purchase Securities | Canada

Lock up the shares of a privately held Alberta corporation in connection with a takeover offer to purchase the shares with this downloadable template.

• The agreement must be signed by each of the shareholders, pursuant to a pre-acquisition agreement between the corporation and the offeror.
• Each shareholder agrees to deposit its shares and to surrender any options or warrants it has to purchase shares.
• Each shareholder agrees not to acquire any additional shares and not to dispose of any of its existing shares except in accordance with the offer.
• The shareholders will not exercise any rights or remedies they may have under Alberta law to delay, hinder or challenge the offer.
• A share lock-up agreement ensures that every shareholder is prepared to accept the offer.
• Available in MS Word format.
• Intended to be used only in the Province of Alberta, Canada.

Prepare an Offering Circular and shareholder documents for a reverse takeover bid with this digital package of forms for an Alberta public company.

• The offering circular must be distributed to all the corporation's shareholders by an offeror who wishes to acquire all of the securities of the corporation in a reverse takeover.
• The package includes:
  • Notice of Annual and Special Meeting of Shareholders;
  • Form of Proxy for the meeting, to be completed by those shareholders unable to attend in person;
  • Glossary of Terms and Abbreviations used in the documentation;
  • Management Information Circular, detailing the current status of the corporation, and setting out the details of the proposal and recommending that the shareholders accept the offer;
  • Corporate Certificates.
• Available in MS Word format.
• Intended to be used only in the Province of Alberta, Canada.

An Offering Circular must be distributed to the shareholders and security holders of any Canadian corporation which is the target of a takeover bid. The Circular contains information required by the shareholders, such as:

• history of the offeror and a description of its business,
• the purpose of the offering and the offeror's plans following the purchase,
• beneficial ownership and trading of the offeror's securities,
• securities subject to the offering,
• effects of the offer on the market for the corporation's securities,
• source of the offeror's funds for the purchase,
• income tax considerations,
• Competition Act legislation,
• statutory rights of offerees.

Download the Canada Takeover Bid Offering Circular in MS Word format.