AI assistant
NetDriven Solutions Inc. — Regulatory Filings 2000
Jun 30, 2000
43367_rns_2000-06-30_007b7c66-4e72-4885-95bc-dad737c3121d.pdf
Regulatory Filings
Open in viewerOpens in your device viewer
MATERIAL CHANGE REPORT UNDER SECTION 118(1) OF THE SECURITIES ACT (ALBERTA) AND SIMILAR PROVISIONS OF OTHER PROVINCIAL SECURITIES LEGISLATION
ITEM 1 Reporting Issuer :
NetDriven Solutions Inc. 700, 736 – 6th Avenue S.W. Calgary, Alberta T2P 3T7
ITEM 2 Date of Material Change :
June 26, 2000
ITEM 3 News Release :
A news release disclosing the nature and substance of the material change was issued on June 26, 2000 through the facilities of BCE Emergis.
ITEM 4 Summary of Material Change :
On June 26, 2000, NTI Newspaper Technologies Inc., a wholly owned subsidiary of NetDriven Solutions Inc., announced they were permanently laying off all NTI Newspaper Technologies Inc. employees and preparing to commence discussions with creditors of NTI Newspaper Technologies Inc.
ITEM 5 Full Description of Material Change :
On June 26, 2000, NTI Newspaper Technologies Inc., a wholly owned subsidiary of NetDriven Solutions Inc., announced they were permanently laying off all NTI Newspaper Technologies Inc. employees and preparing to commence discussions with creditors of NTI Newspaper Technologies Inc.
The announcement followed the decision of the board of directors of NetDriven Solutions Inc. not to continue funding the operations of its wholly owned subsidiary, NTI Newspaper Technologies Inc.
ITEM 6 Reliance on Section 118(2) of the Securities Act :
Not Applicable
ITEM 7 Omitted Information :
Not Applicable
- 2 -
ITEM 8 Senior Officer :
Inquiries in respect of the material change referred to herein may be made to:
Ronald E. Newman President and Chief Executive Officer NetDriven Solutions Inc. (403) 261-4025
ITEM 9 Statement of Senior Officer :
The foregoing accurately discloses the material change referred to in this Report.
Dated at Calgary, Alberta, this 30th day of June, 2000.
NETDRIVEN SOLUTIONS INC.
Per: (Signed) Ronald E. Newman President and Chief Executive Officer