1756349 Alberta Ltd entered into an agreement to acquire the remaining 30.29% stake in Galvanic Applied Sciences Inc. (TSXV:GAV) from Jaguar Financial Corporation, Cinnamon Investments Limited and other shareholders for CAD 8.7 million in cash on August 22, 2013. Upon the amalgamation, each issued and outstanding common share in the capital of Galvanic, shall be converted into one series 1 preferred share of 1756349; upon the amalgamation, each issued and outstanding common share in the capital of Galvanic held by 1756349 shall be cancelled; upon the amalgamation, each issued and outstanding common share in the capital of 1756349 shall be converted into one common share of Amalco; following the amalgamation, each issued and outstanding series 1 preferred share of Amalco shall be redeemed for the redemption price. Under the terms of the agreement, the shares will be exchanged for CAD 1.7 per share in cash. The transaction is subject to approval from the shareholders of Galvanic Applied and 1756349 Alberta and all necessary governmental or regulatory approvals. The Board of Directors of Galvanic Applied has approved the transaction. As of September 19, 2013, the transaction was approved by the shareholders of Galvanic Applied. Computershare Investor Services Inc. acted as depositary bank for Galvanic Applied Sciences Inc. Daniel Zuniga of Osler, Hoskin & Harcourt LLP acted as legal advisor to 2SV Capital, Tuckerman Capital and Right Lane Capital. 1756349 Alberta Ltd completed the acquisition of remaining 30.29% stake in Galvanic Applied Sciences Inc. (TSXV:GAV) from Jaguar Financial Corporation, Cinnamon Investments Limited and other shareholders on September 19, 2013.