This news release contains forward-looking statements relating to the timing and completion of the Qualifying Transaction, the future operations of the Company, LBC, and the Resulting Issuer and other statements that are not historical facts. Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Find out about the accommodation, activities, deals and more at this popular location. Al.com reports the fatal accident happened Saturday on Pickwick Lake in Colbert County. The Company has not registered and will not register the Subscription Receipts or common shares under the U.S. Securities Act of 1933, as amended. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Comino (Maltese: Kemmuna), formerly called Ephaestia (Ηφαιστεία in Ancient Greek) is a small island of the Maltese archipelago between the islands of Malta and Gozo in the Mediterranean Sea, measuring 3.5 square kilometres (1.4 sq mi) in area.Named after the cumin seed that once flourished in the Maltese islands, the island is the least densely populated area in the Republic of Malta. Until the sale to LBC, Medeiros Boat Works had been manufacturing boats under the Limestone® brand for more than 25 years, pursuant to a license from Mark Ellis Designs. The Italian Renaissance-style estate includes a pool and cabana, a fitness center, fruit orchards, lush landscaped gardens, and a private boat dock. In accordance with the Definitive Agreement, LBC will amalgamate with Subco and, pursuant thereto, all of the issued and outstanding founder common shares of LBC and Class A common shares of LBC (collectively, the "LBC Shares") will be cancelled and LLO will issue 50 common shares in the capital of the Company (the "LLO Shares"), issued at a deemed price of $0.16, in consideration of each such LBC Share so cancelled (the "Exchange Ratio"). Completion of the Qualifying Transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange requirements, majority of the minority shareholder approval. Orlando’s Butler Boat Rentals just outside the Central Florida attraction area, Walt Disney World (Lake Buena Vista) and just a few minutes from Universal Studios offers a wide variety of Fishing and Pleasure boats of all sizes for your enjoyment. Here We Go is a 3-cabin, 3-head Sabre 54 Flybridge and she offers a comfortable flybridge with a custom hard top and 3-sided enclosure. These prices are subject to change. This press release is not an offer of subscription receipts or common shares for sale in the United States. ». All rights reserved. Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press release. Upon completion of the Qualifying Transaction, LLO will continue the business of LBC with LBC as its wholly-owned operating subsidiary (the Company, after the Qualifying Transaction, referred to herein as the "Resulting Issuer"). ... And they carved this limestone into huge stone discs, which they brought back across the sea on their small bamboo boats. Here's why that's a smart idea according to experts. Now, The Limestone® Boat Company is charting an exciting new course. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the Qualifying Transaction and the future plans and objectives of the Company, LBC, and the Resulting Issuer are forward-looking statements that involve risks and uncertainties. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. Trades Considered. Note about "from" prices: Each Compensation Warrant will entitle the holder to acquire 50 common shares of the Resulting Issuer (each "Resulting Issuer Share") at a price of $0.16 per Resulting Issuer Share for a period of 24 months following the Escrow Release. Scott Hanson, with the support of the management team, board of directors of LBC and Mark Ellis have modernized the configuration of the Limestone® line of boats to outboard power and beautiful interior configurations, and, in October 2020, transitioned manufacturing to facilities in Tennessee, where Ebbtide Holdings, LLC is manufacturing the boats under contract. Experience an unforgettable holiday at Robe holiday & caravan park in Limestone Coast. The forward-looking statements contained in this news release are made as of the date of this news release and the Company, LBC, and the Resulting Issuer will update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law. Neither the Company, nor LBC intends to engage in a public offering of common shares in the United States. In August of 2020, The Limestone Boat Company Inc., under the experienced direction of yacht designer and CEO, Scott Hanson acquired all of the fixed assets, being the molds and tooling for the manufacturing of 17', 20', 22', 24' and 26' boats, from Medeiros Boat Works of Oakville, Ontario. Commerce Policy | Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. The Agent is entitled to a work fee in the amount of $60,000 and a cash commission equal to 7% of the gross proceeds of the Brokered Subscription Receipt Offering, 50% of which was paid on closing of the Offering and the other 50% of which will be payable upon satisfaction of the Escrow Release Conditions. Pursuant to the Subscription Receipt Agreement, the gross proceeds from the Subscription Receipt Offering (less 50% of the Agent's cash commission, the Agent's work fee, and all of the Agent's expenses) have been placed in escrow pending delivery of a notice (the "Release Notice") that the escrow release conditions set out in the Subscription Receipt Agreement (the "Escrow Release Conditions") have been met (the "Escrow Release"). FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. LBC was incorporated under the Business Corporations Act (Ontario) on January 14, 2020. Stock quotes by finanzen.net. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. A proven enhancement to the traditional Deep-V hull and forward flair provide a smooth ride and an unmatched assurance of safety. The Agent has also received 28,505 broker warrants (the "Broker Warrants") and 11,000 ("Work Warrants", and collectively with the Broker Warrants, the "Compensation Warrants"). The Qualifying TransactionPursuant to a definitive agreement, dated November 13, 2020 (the "Definitive Agreement") between LLO, LBC and 2790889 Ontario Inc., a wholly-owned subsidiary of the Company ("Subco"), the parties will complete a three-cornered amalgamation (the "Qualifying Transaction") pursuant to Policy 2.4 – Capital Pool Companies (the "Policy") of the TSX Venture Exchange (the "Exchange"). The Subscription Receipt Offering was led by Beacon Securities Limited ("Beacon" or the "Agent"). Limestone® is best known for its timeless design, big water performance, quality and functionality. ... a … Each lock has 3 to 4 staff members to help out in any way they can. Goldilocks Provo 2021 Goldilocks Provo 2021. Phang Nga Bay's distinctive feature is the sheer limestone karsts that jut vertically out of the emerald-green water. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, LBC, and the Resulting Issuer. Beaver Lake and Dam, completed in 1966, was constructed in the White River Basin and boasts 449 miles of beautiful shoreline at the top of the conservation pool. Towering limestone bluffs, natural caves and a variety of trees and flowering shrubs surround Lost Bridge South Campground, making it an ideal retreat for outdoor enthusiasts. ... Perth is a beautiful 200 year old town renowned for its limestone architecture. Boats in Maine. Scott Hanson will exercise control over approximately 16.43% of the Resulting Issuer common shares following completion of the Qualifying Transaction. 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