A plan of arrangement was announced on March 12, 2018. It is proposed that Grenville Strategic Royalty Corp. and LOGiQ Asset Management Inc. amalgamate after which the business will be renamed Flow Capital Corp. The Joint Management Information Circular was issued on May 10, 2018.
The management and boards of both LOGiQ and Grenville expect the combined entity, after completion of the Arrangement, to offer increased scale and a solid financial platform from which to grow both the royalty investment business and institutional global advisory sales business.
Grenville shareholders are invited to attend a special meeting to be held at the Fairmont Royal York, 100 Front Street, Confederation 3 Room, Toronto, Ontario, Canada, at 10:30 a.m. (Toronto time) on May 31, 2018, to consider and vote upon the proposed plan of arrangement.