- GreenFirst Forest Products (TSX:GFP:CA) intends to complete a spin-out transaction of Kap Corporation, whereby the shares of Kap will be held directly by the shareholders of the Company.
- The Spin-out is expected to be completed in Q4 2024.
- GreenFirst will hold a shareholder meeting on September 12, 2024, where shareholders will be able to vote on the Spin-out.
- The record date for shareholders entitled to vote at the Meeting will be August 8, 2024.
- Source: Press Release
2024-07-02