Manado Gold Corp. (TSX.V: MDO) announced on Wednesday that
it has received conditional approval from the TSX Venture Exchange for
its InsuraGuest plan of arrangement and, on September 26,
2019, received an interim order from the Supreme Court of British Columbia.
According to the update, Manado has mailed its management information circular
in connection with its special meeting, scheduled for November 29, 2019, at
which time Manado shareholders will consider the previously announced plan of
arrangement. The arrangement is subject to Manado shareholder approval by
resolution approved by not less than 66% (2/3 percent) of votes cast by
shareholders at the special meeting. A number of conditions must be met for
completion of the arrangement and transaction. Upon completion, the transaction
will constitute a change of business for Manado, with its transition from the
mining sector to the technology sector.
To view the full press release, visit http://ibn.fm/7pXQ3
About Manado Gold Corp.
Manado Gold Corp. is a Canada based company. It is involved
in acquisition, exploration, and development of mineral properties located in
Canada. Manado Gold’s properties consist of Clisbako and Takla. The company has
one business segment that is acquisition and exploration of resources.
About InsuraGuest Inc.
InsuraGuest is a SaaS (Software-as-a-Service) company
utilizing its proprietary flagship InsurTech software platform to provide
specialized insurance products to end users in the business-to-business (B2B)
and business-to-consumer (B2C) markets. The company’s first focus is on the B2B
hotels and vacation-rentals sectors, integrating its API with clients’
property-management systems to offer guests a specialized guest-protection
policy. The platform-and-policy combination InsurTech product helps transfer the
exposure to liability away from the client/property while guests benefit from
potential accident and loss coverage during their stays. For more information,
visit the company’s website at www.InsuraGuest.com.
NOTE TO INVESTORS: The latest news and updates
relating to InsuraGuest are available in the company’s newsroom at http://ibn.fm/InsuraGuest
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