Toronto-based Aston Hill Asset Management Inc. said Friday that unitholders of Aston Hill Global Agribusiness Fund (TSX: AGB.UN) have approved the previously announced proposed changes to its investment mandate and reorganization into a public mutual fund.
Units of Global Agribusiness will be delisted from trading on the Toronto Stock Exchange on March 15, and the other changes are expected to be completed on March 22.
Aston Hill also announced that the special meetings of shareholders of Aston Hill Senior Gold Producers Income Corp. (TSX: GPC) and Aston Hill Global Uranium Fund Inc. (TSX: GUR) have been adjourned for lack of quorum and will reconvene on March 22.
Shareholders then will vote on the proposed mergers of Senior Gold Producers and Global Uranium into Global Agribusiness and, if approved, the mergers are expected to be implemented on or about April 4.
Each proposed merger that is approved will be implemented, regardless of whether the other proposed merger is approved.