BURNABY, BC, Nov. 1, 2013 /CNW/ - ESI Entertainment Systems Inc. ("ESI" or the "Company") (CNSX: ESY), wishes to announce that, further to its press release of October 29,
2013, the Plan of Arrangement approved by securityholders at an Annual
and Special Meeting held on October 28, 2013 and approved by the
Supreme Court of British Columbia on October 29, 2013, became effective
on October 31, 2013.
The Company also wishes to announce that its common shares have been
delisted from CNSX as of the close of business on October 31, 2013.
As a result of the Plan of Arrangement, shareholders, other than certain
insiders, are entitled to receive a cash payment of $0.055 per share.
For further details, please refer to the Company's October 29, 2013
press release and its filings on www.sedar.com.
The Company will now be applying to cease its status as a reporting
issuer under Canadian securities legislation.
SOURCE: ESI Entertainment Systems Inc.
For further information:
ESI Entertainment Systems Inc.
Michael Meeks, Chief Executive Officer
Tel: +1 (604) 299-6922 ext 228