Q. Have all the assets of Sage now been sold? When will the company be wound up and the final redemption of shares be completed?
A. Yes, all of the assets have now been sold. The final AGM was held on Friday October 25, 2024 in Edmonton and a resolution was passed to pay any remaining assets, distributed the remainder of the funds and finally, to dissolve the corporation. To complete the final distribution, Sage requires a clearance certificate from CRA. We are hopeful that this will be received by January 2025, with the final distribution to occur by March 2025.
Q. I didn’t receive the November 2023 Share Redemption Package? How do I get a copy so I can have my shares redeemed?
A. Please contact Sage at 403-478-9661 or email info@sageproperties.ca and we will send you a copy. Please reach out as soon as possible.
A. Please contact Alliance Trust Company, SAGE’s Stock Transfer Agent, and they will mail/send you another copy. Their contact info is:
Alliance Trust Company
403-237-6111
inquiries@alliancetrust.ca
Q. How do I transfer my shares to family or a friend?
A. You will need to fill out a Stock Power of Attorney form to complete the transfer request. Once completed, you will be required to submit the original copy to SAGE for review. Upon review, if everything has been filled out correctly, SAGE will submit to the board of directors for approval, and then submit to Alliance Trust Company to complete the transfer. Once Alliance receives the forms, Alliance will issue new DRS statement(s) to the new shareholder(s).
Q. I’m the executor/executrix for a shareholder. What do I do with the shares now that the shareholder has passed?
A. You will need to contact Alliance directly at 403-237-6111 or by emailing inquiries@alliancetrust.ca to request forms and information regarding an estate transfer. There is a fee of $235 + GST to process the transfer. Once the paperwork has been submitted to Alliance, SAGE will review and submit to the board of directors for approval.
Q. How do I change my address?
A. Please contact Alliance directly at 403-237-6111 or by emailing inquiries@alliancetrust.ca with your old address as well as your new address.
Q. My name is spelled incorrectly on the shares, how do I correct this?
A. We ask that you send us a copy of your driver’s license with the correct spelling of your name and a copy of your share certificate to make the correction.