I believe the combination of TerrAscend and Gage has created one of the most compelling and differentiated operators in the North American cannabis industry.
In addition, up to 25.8 million TerrAscend common shares are reserved for issuance in connection with the exercise or exchange of former Gage convertible securities that will be satisfied with TerrAscend common shares if and when exercised or exchanged.
Gage is now a wholly-owned subsidiary of TerrAscend.
An early warning report in respect of TerrAscend’s acquisition of all of the issued and outstanding securities of Gage will be filed on SEDAR and made available under Gage’s issuer profile at www.sedar.com and a copy can be obtained by contacting TerrAscend at the number below.
Registered shareholders of Gage are reminded that, pursuant to the letter of transmittal that was mailed to them as part of the materials delivered in connection with the special meeting of Gage shareholders held on November 11, 2021, in order to receive the TerrAscend shares to which they are entitled, registered holders of Gage Shares are required to deposit the share certificate or DRS statements representing their Gage Shares, together with a duly completed letter of transmittal, with Odyssey Trust Company, the depositary for the Transaction.