... Orion will acquire all of the issued and outstanding common shares of the Company (“Dalradian Shares”) by way of a statutory plan of arrangement under the Business Corporations Act ...

The Arrangement Agreement
Under the terms of the Arrangement Agreement, each Dalradian shareholder (other than the Remaining Shareholders) (the “Affected Dalradian Shareholders”) will receive cash consideration of C$1.47 for each Dalradian Share held (the “Consideration”), valuing Dalradian’s total equity at approximately C$537 million, on a fully diluted in-the-money basis. The Consideration represents a 62% premium to the closing price of the Dalradian Shares on the Toronto Stock Exchange (the “TSX”) on June 20, 2018 and a 49% premium to the volume weighted average price (“VWAP”) of the Dalradian Shares over the last 30 trading days.