The Offer will expire at
The Offer is being made by way of a 'modified Dutch auction,' which will allow Shareholders who choose to participate in the Offer to individually select the price, within a range of not less than
Shareholders are urged to consult the formal offer to purchase and issuer bid circular, together with the Notice of Variation, Amended Letter of Transmittal and Amended Notice of Guaranteed Delivery (the 'Offer Documents') for the terms and conditions of the Offer and instructions for tendering Common Shares. The Offer Documents were mailed to Shareholders or their designated brokers, and are also available on SEDAR+ at www.sedarplus.ca.
None of CTI nor its Board of Directors makes any recommendation to Shareholders as to whether to tender or refrain from tendering any or all of their Common Shares in the Offer or as to the purchase price or prices at which Shareholders may choose to tender Common Shares.
Shareholders are urged to read the Offer Documents carefully and in their entirety, and to consult their own financial, tax, and legal advisors and to make their own decisions with respect to participation in the Offer. Shareholders who hold Common Shares under an intermediary should contact their intermediary as soon as possible to ensure that their Common Shares are tendered with enough advance notice to meet the
This press release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell any Common Shares.
Contact:
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