May 26, 2017 Voting Results Report

Please see the attached Voting Results Report from our Special Meeting of the Shareholders on May 26, 2017. On behalf of Sage Properties Corp. and the board of directors of Sage, we wanted to say thank you to the 80% of shareholders who participated in our special meeting on May 26, 2017.   To summarize: Commercial Option […]

Monitor’s Report – May 26, 2017

To view the full report from Deloitte with the attached court order, please click here May 26, 2017 To: Shareholders of Sage Properties Corp. Dear Sirs/Mesdames: Re:Lutheran Church – Canada, the Alberta – British Columbia District et al Court of Queen’s Bench Action No. 1501-00955 (the “CCAA Proceedings”) As you are aware, Deloitte Restructuring Inc. is […]

May 11, 2017

Dear Shareholder: It has come to the attention of the board of directors (“Board“) of Sage Properties Corp. (“Sage“), that two documents, one purporting to be a “dissident proxy circular” and one purporting to be a “dissident proxy”, have been circulated by Georg Beinert and Bill Mulder (shareholders of Sage) and their legal counsel Allan […]

May 16, 2017

Dear Shareholder: The board of directors (“Board“) of Sage Properties Corp. (“Sage“) believes in the importance of allowing Sage’s shareholders (the “Shareholders“) to have a say in determining the commercial option to be pursued by Sage and proposed amendments to the Articles and By-Laws of Sage. In order for Shareholders to have their say, it […]

March 7, 2017

Dear Shareholder: On behalf of the SAGE Properties Corp. (SAGE) Board of Directors (Board) and staff, we are pleased to provide you with an update on the following items: SHAREHOLDER MANDATE MEETING SAGE was incorporated in August 2016 and took possession of certain assets of the Lutheran Church ABC District Church Extension Fund (CEF) on […]

December 1, 2016

Dear Shareholder, On behalf of the Board of Directors, we are pleased to report that effective October 31, 2016 the Prince of Peace real estate assets were transferred to SAGE Properties Corp. (“SAGE”). This marks an important milestone in the effort to return value to ABC District depositors who are now the shareholders of SAGE. […]