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ZUM Zoomermedia Limited

0.025
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Zoomermedia Limited TSXV:ZUM TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.025 0.025 0.03 0.025 0.025 0.025 521,643 16:01:17

ZoomerMedia Limited Amalgamates with Wholly-Owned Subsidiaries

19/07/2013 2:39pm

Marketwired Canada


ZoomerMedia Limited (TSX VENTURE:ZUM) ("ZoomerMedia") announced today that it
has completed an amalgamation (the "Amalgamation") with its wholly-owned
subsidiaries, Christian Channel Inc., Zoomer Management Limited and Vision TV
Digital Inc., as well as ONE: The Body, Mind and Spirit Channel Inc., which was
a wholly-owned subsidiary of Vision TV Digital Inc. (collectively, the
"Subsidiaries"). The Amalgamation was completed effective July 1, 2013 (the
"Effective Date").


This Amalgamation took the form of a vertical short-form amalgamation completed
pursuant to subsection 184(1) of the Canada Business Corporations Act. The
Amalgamation resulted in the cancellation of all of the issued and outstanding
shares of each of the Subsidiaries, without repayment of capital in respect
thereof, but no securities of ZoomerMedia were issued. As at the Effective Date,
the shares of ZoomerMedia then issued and outstanding constituted the only
issued and outstanding shares in the capital stock of the amalgamated
corporation. In addition, the articles and stated capital of the amalgamated
corporation are the same as the pre-amalgamation articles and stated capital of
ZoomerMedia.


About ZoomerMedia Limited

ZoomerMedia is a multimedia company that serves the 45plus "Zoomer" demographic
through television, radio, magazine, internet and trade shows. ZoomerMedia's
television properties include; Vision TV, Canada's only multi-faith specialty
television service; ONE: the Body, Mind, Spirit and Love Channel, offering
programs on exercise, meditation, yoga, natural health and living a
planet-friendly lifestyle; Joytv 10 in Vancouver and Joytv 11 in Winnipeg, two
conventional stations, available over the air and on cable in their respective
markets. ZoomerMedia's radio properties include CFMZ FM Toronto - The New
Classical 96.3FM, CFMX-FM Cobourg - The New Classical 103.1FM, Canada's only
commercial classical music radio stations serving the Greater Toronto Area (GTA)
and eastern Ontario, and CFZM-AM 740 Toronto - The New AM740 Zoomer Radio, the
last music service left on the AM dial in the GTA. ZoomerMedia also publishes
Zoomer Magazine, the largest paid circulation magazine in Canada for the mature
market. ZoomerMedia is Canada's leading provider of online content targeting the
45plus age group through many properties, the key one being
www.EverythingZoomer.com. ZoomerMedia also has a trade show division that
conducts the "Zoomer Show", consumer shows directed to the 45plus age group and
ideaCity, an annual Canadian conference also known as 'Canada's Premiere Meeting
of the Minds'.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
ZoomerMedia Limited
George Kempff
Vice President and Chief Financial Officer
(416) 607-7735
g.kempff@zoomermedia.ca
www.EverythingZoomer.com

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