"If you own the shares in a registered account, I assume there is no tax problem? Can someone address this situation?"

I would think so. If the shares are not in a registered account, a reduction of capital would generally be taxable, I think, here it is arranged as a share exchange, so there would be a tax deferral. I'm not a tax expert, and will stand corrected!

I think the CSC raised a good point with this NR, but I see it rather as a way to stay on the radars, and to attract the attention of the voters and of the press! I don't think that the capital reduction would be completed if, at the Meeting, it is known that the deal is gone...

GLTA.

BaBe.