Further details regarding the Arrangement will be contained in a management information circular (the Information Circular) to be prepared in connection with the Meeting and expected to be mailed to shareholders of Toscana in early October, 2020. The Information Circular will be available electronically on Toscana’s SEDAR profile at www.sedar.com shortly following the mailing of the Information Circular. Subject to receipt of all required approvals including approval by the shareholders of Toscana, regulatory approvals and approval by the Court of Queen’s Bench of
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Forward-Looking Information
Certain statements contained in this press release constitute forward-looking statements or forward-looking information under applicable securities legislation. Forward-looking statements or information typically contain statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", or similar words suggesting future outcomes or statements regarding an outlook.
Specific forward-looking statements in this press release include, but are not limited to: statements regarding the Arrangement, including completion of the Arrangement and the timing in respect thereof; the preparation and circulation of the Information Circular, the holding of the Meeting and the timing in respect thereof; and the timing of matters related to the approval of the Arrangement including shareholder, regulatory and Court of Queen’s Bench approvals and the timing in relation thereto. Such information reflects Toscana’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions, including, without limitation: the impact of any changes in the laws and regulations in the jurisdictions in which Toscana operates.
Although Toscana believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements or information because Toscana can give no assurance that such expectations will prove to be correct. The forward-looking statements and information are based on Toscana's current expectations, estimates and projections, and are subject to a number of significant risks and uncertainties that could cause actual results to differ materially from those anticipated. Such risks and uncertainties include, among others: the risk that the Arrangement may not be completed on a timely basis, if at all; the conditions to the consummation of the Arrangement may not be satisfied; the risk that the Arrangement may involve unexpected costs, liabilities or delays; the possible occurrence of an event, change or other circumstance that could result in termination of the Arrangement; risks relating to the failure to obtain necessary shareholder and court approval; necessary approvals from the
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