Day4 Energy Inc. Announces Support Agreements Related to Previously Announced Arrangement

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• Publié par: day4-energy-inc
• Nombre de lectures: 23
• Langue: English

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Day4 Energy Inc. Announces Support

Agreements Related to Previously Announced

Arrangement

PR Newswire

BURNABY, British Columbia, June 20, 2012

BURNABY, British Columbia

,

June 20, 2012

/PRNewswire/ --

Day4 Energy Inc. ("Day4" or the "Company") (TSX: DFE), announces that at this

time it has received Support Agreements from shareholders representing

approximately 30.0% of the issued and outstanding common shares of the

Company, whereby such shareholders have agreed to vote in favour of the

previously announced arrangement transaction. Under the arrangement, all

assets and liabilities of Day4 will be transferred to 0941212 B.C. Ltd., a

company indirectly owned and controlled by George Rubin (President and CEO

of Day4) and Douglas Keast (Executive Vice-President and CFO of Day4).

Day4 shareholder approval will be sought at the annual and special meeting

currently scheduled for

June 27, 2012

. Subject to satisfaction of all conditions,

including court approval, completion of the Arrangement is expected to occur

on

June 29

or such later date as Day4 may announce by press release.

About Day4 Energy

Day4 is a Canadian company dedicated to providing high performance

photovoltaic (PV) solutions for residential, commercial and utility scale

installations. By fundamentally improving on the design and assembly of solar

cells and modules, the Company produces unique PV panels of high power

density, increased lifetime and uncompromised aesthetic appearance. Day4

partners with international technology leaders to develop and deliver IEC- and

UL-certified solar products to customers around the world. Day4 Energy is listed

on the TSX under the symbol "DFE". For more information, please visit

http://www.day4energy.com.

For further information:

Contact Information

George Rubin

President and CEO

Day4 Energy Inc.

[phone]