Vancouver, BC / ACCESSWIRE / January 30, 2015 / DraftTeam Fantasy Sports Inc. (CSE-DFS) ("DraftTeam" or the "Company") announces that it has mailed its management information circular (the "Circular") and related proxy materials to its shareholders (the "Shareholders") in connection with the annual general and special meeting of Shareholders to be held at 10:00 a.m. (Vancouver time) on February 24, 2015 (the "Meeting").
In addition to the annual general meeting matters to be approved at the meeting, Shareholders will be asked to approve the Company's previously announced arrangement with Sabre Graphite Corp. ("Sabre") whereby Sabre is proposing to acquire all of the issued and outstanding common shares of DraftTeam by way of a statutory plan of arrangement (the "Arrangement").
The Circular contains, among other things, details concerning the Arrangement, reasons that DraftTeam's Board of Directors recommends the Arrangement, requirements for the Arrangement to complete, as well as the procedures for voting at the meeting and other related matters.
Shareholders are urged to carefully review the Circular and accompanying materials as they contain important information regarding the Arrangement. A copy of the Circular is available on SEDAR at www.sedar.com.
A form of proxy / voting instruction form (as applicable) will accompany the meeting materials sent to Shareholders. Instructions on how to vote, which vary depending on whether you are a beneficial shareholder or a registered shareholder of the Company, are provided in the Circular.
DRAFTTEAM FANTASY SPORTS INC.
"Michael Young"
Michael Young
President, Interim CEO, CFO & Director
The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility
for the adequacy or accuracy of the contents of this release.
Forward-looking information
All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company's control. There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Except as required by law, DraftTeam does not intend to revise or update these forward-looking statements after the date hereof or to revise them to reflect the occurrence of future unanticipated events.
SOURCE: DraftTeam Fantasy Sports Inc.