Parrish & Heimbecker, Limited would like to remind all Weyburn Inland Terminal Shareholders that they must submit a completed Letter of Transmittal (LOT) to Shorecrest Group to receive payment. The LOT form can be found on this site at Investor Information - Shareholder Circular Pkg - Green LOT. This document contains a certification with respect to Canadian withholding tax that needs to be submitted by April 1, 2014. For further information call 1-888-637-5789 or 306-842-7436.
WIT SHAREHOLDERS APPROVE THE PLAN OF ARRANGEMENT WITH PARRISH & HEIMBECKER, LIMITED
WEYBURN, February 28, 2014 / - Weyburn Inland Terminal Ltd. ("WIT"), announced today that at its special meeting of shareholders held earlier today (the "Meeting"), WIT shareholders approved the special resolution (the "Arrangement Resolution") authorizing the plan of arrangement (the "Arrangement") with Parrish & Heimbecker, Limited ("P&H"). Pursuant to the terms of the Arrangement, a wholly-owned subsidiary of P&H will acquire all of the outstanding common shares of WIT for cash consideration of $17.25 per share. The Arrangement Resolution was approved by 79.79% of the shares voted in person or represented by proxy at the Meeting.