News & Newsletter

February 10, 2015
Cheverny Advises TSX-Listed MRRM On Sale To Marbour of France

“Feb. 10, 2015 /CNW Telbec/ – (TSX-V: MRR) MRRM Inc. (“MRRM”) and Marbour S.A.S. (“Marbour”), today announced that they have entered into a definitive agreement (the “Agreement”) under which Marbour will acquire 100% of MRRM… The all-cash consideration is $4.45 per share, which represents a 58% premium over MRRM’s closing price as of February 9, 2015 and a 56% premium over the volume-weighted average trading price of the MRRM shares for the past 20 trading days. The Transaction has been unanimously approved by the Board of Directors of MRRM (the “Board”) and is expected to close in the second quarter of 2015…

Following a careful review and analysis, the Special Committee unanimously recommended that the Board accept the Transaction. Based on the Special Committee’s recommendation and its own evaluation, the Board, in turn, has unanimously approved the Transaction….

Cheverny Capital Inc. is acting as financial advisor to MRRM.”