| October 3, 2011 |
Paladin Labs Advises That A Condition of Its Offer for Afexa Life Sciences CannotBe Fulfilled |
| September 26, 2011 |
News Release: Paladin Labs Confirms Enhanced $0.81 per Share Offer to Acquire Afexa Life Sciences |
| September 25, 2011 |
Paladin Labs Announces Proposed Increased Offer to Acquire Afexa Life Sciences for $0.81 per Share
Increased offer will be made upon cease-trade of Afexa Rights Plans - 14% premium to the Valeant bid - Choice of $0.81 in cash or 0.0217 of a Paladin share per Afexa share - Offer remains for any and all Afexa shares - Minimal and customary conditions |
| September 22, 2011 |
News Release: Afexa’s response to Paladin’s announced intention to enhance its takeover offer for Afexa |
| September 22, 2011 |
News Release: Paladin Announces Intention to Enhance Offer for Afexa “in the event that Afexa’s two shareholder rights plans are waived by Afexa or cease-traded by the ASC” |
| September 15, 2011 |
Paladin extends expiry of its takeover offerof Afexa until 8:00 p.m. ET on September 28, 2011 |
| August 23, 2011 |
News Release: Afexa’s Board unanimously confirms previous recommendation that shareholders reject Paladin’s unsolicited offer. “Take No Action” |
| August 22, 2011 |
Afexa mails Directors’ Circular recommending Rejection of Paladin Offer (mailed Aug 25) |
| August 22, 2011 |
Cover letter for Directors’ Circular (Mailed Aug 25) |
| August 19, 2011 |
Chairman’s letter to shareholders; “Paladin offer significantly undervalues Afexa’s business” |
| August 10, 2011 |
Paladin Offer to Purchase Circular Mailed to Afexa Shareholders |
| August 10, 2011 |
News Release: Afexa Responds to Unsolicited Bid; significantly undervalues Afexa’s business. Special Committee of the Board formed to review the offer. Shareholders urged to not take any action until the Board has completed its full review and consideration of the Offer. |
| August 10, 2011 |
Paladin News Release announcing hostile takeover bid of Afexa; offering shareholders $0.55 per common share |
| July 18, 2011 |
News Release: Afexa comments on Paladin announcement that it has purchased 14.94% of Afexa’s total issued and outstanding common shares for a total ownership representing 15,421,300 common shares |
| July 15, 2011 |
Paladin announces purchase of Afexa shares; 14.94% of total issued and outstanding shares |
