TORONTO, Jan. 13 /PRNewswire-FirstCall/ - Med-Emerg International Inc. (OTCBB:MDER) ("MedEmerg"), one of Canada's leading providers of health services, is pleased to announce that it has obtained final court approval from the Ontario Superior Court of Justice approving the previously announced plan of arrangement (the "Arrangement") with AIM Health Group Inc. The Arrangement was approved by a special resolution of MedEmerg's shareholders at a special meeting of MedEmerg's shareholders held on January 8, 2009.
Subject to the satisfaction of certain closing conditions, the Arrangement is expected to close on or about January 15, 2009.
About Med-Emerg International Inc.
MedEmerg specializes in the coordination and delivery of health care services in Canada. These services include an integrated chronic pain management program, community-based infusion centers and health human resource management, including physician and nurse staffing.
MedEmerg's audited revenue for its fiscal year ended December 31, 2007 was approximately US$22 million.
Caution Concerning Forward-Looking Statements
Certain statements in this press release are forward-looking statements, including, but not limited to, those relating to the proposed transaction, the timing of the closing of the proposed transaction and other statements that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "plan", "expect", "believe", "intend", "anticipate", "forecast", "target", "estimate" and similar expressions identify forward-looking statements. Forward-looking statements are based on assumptions made by and information currently available to MedEmerg. Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and are s
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