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JUM |
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The shareholders of JUM also approved all other matters presented for approval at the meeting, as described in the management information circular prepared in connection with this shareholder meeting, which circular contains further details regarding these matters. This agreement revises some terms of the original agreement entered into by JUM and West 49 on September 20, 2004. JUM reported a gain on sale of these assets of $1,386,398 and after accounting for expenses related thereto of $881,882, that included legal costs and expenses associated with the deal and employee severance costs, a net gain on sale of $504,576 or $0. |
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