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2 days ago

S.S. Keewatin

Friends of Keewatin finds financial backer in fight to keep ship in Port McNicoll

Support needed for Heritage Canada designation
by Gisele Winton Sarvis for the Midland Mirror
... See MoreSee Less

Friends of Keewatin finds financial backer in fight to keep ship in Port McNicoll

Support needed for Heritage Canada designation
by Gisele Winton Sarvis for the Midland Mirror

Comment on Facebook Friends of Keewatin ...

Please show your support of our efforts as we endeavour to become the owners of the ship and ensure she continues to be preserved while remaining in her home port of Port McNicoll by signing the petition below:

A number of months ago, a member of the community, Dan Travers, began a petition to ask Tay Township, Simcoe County and Skyline officials to work together to keep the Keewatin in Port McNicoll. He used the site, Recently, Gisele Winton Sarvis (Midland Mirror) wrote "Tay Township has thrown its support behind the the County of Simcoe, which is appealing to Canadian Heritage to review the Category B Application." The target of 7,500 supporters has recently been eclipsed and is now at 7,660. You may have noticed a money component to this petition. Since this petition is a private company-based site, it has nothing to do with our group working to keep Keewatin in Port McNicoll nor does our group receive any of the money. When I signed the petition, I found that I could bypass the money component.

I share this because was a visitor to this ship, & its self contained museum that's truly unique. Efforts are finally under way to keep her right where she is, & not do the unthinkable which is send her to the scrap yard.

I don't understand why this has been such an issue, considering what a fine museum the S.S. Keewatin has become.

Petition signed! You guys have done an amazing job turning this ship into a great museum and tour. Fingers crossed that common sense prevails here and she gets to stay home.

I believe that the Skyline Investments website should be linked so people can understand what that organization is, what they operate and boycott it until the reasonable thing is done.

TORONTO, Sept. 03, 2020 (GLOBE NEWSWIRE) — As required by National Instrument 62-103 of the Canadian Securities Administrators, Alex Shnaider announces that on August 17, 2020 a ruling was handed down in a proceeding between Mr. Shnaider and Mr. Gil Blutrich in the Economic Department of the Tel Aviv-Yafo District Court which determined that the joint control agreements previously entered into between the parties in respect of Mishorim Real Estate Investments Ltd. (“Mishorim”) was not valid (the “Ruling”). As a result of the Ruling, Mr. Shnaider is deemed to be the controlling shareholder of Mishorim and accordingly a person that exercises, indirectly, control or direction over the common shares (“Common Shares”) of Skyline Investments Inc. (“Skyline”) held by Mishorim. Pursuant to section 1.8 of National Instrument 62-104, prior to the Ruling, Mr. Shnaider beneficially owned or exercised control or direction over 256,045 Common Shares of Skyline, representing a 1.5% ownership interest in Skyline. He also held a significant interest in Mishorim through the direct ownership and control or direction over of 44.66% of the voting rights of Mishorim, but was not considered a controlling shareholder of Mishorim, and therefore did not have control or direction over the Common Shares of Skyline held by Mishorim. Pursuant to section 1.8 of National Instrument 62-104, after the Ruling, Mr. Shnaider beneficially owns or exercises control or direction over 8,522,825 Common Shares of Skyline, which includes the 8,266,780 Common Shares of Skyline held by Mishorim and the 256,045 Common Shares held directly by Mr. Shnaider, representing an aggregate 50.9% ownership interest (direct and indirect) in Skyline.

TORONTO, July 16, 2020 (GLOBE NEWSWIRE) -- Skyline Investments Inc. (the “Company” or “Skyline”) (TASE: SKLN) respectfully announces the following: Effective July 15, 2020, Mr. Gil Blutrich has resigned as a director of Skyline. Mr. Blutrich delivered a letter of resignation to the Company, which is outlined in further detail in an immediate release filed by the Company under Israeli law, a copy of which has been filed on SEDAR. The Company believes that the intentions behind the delivery of the letter, as well as its contents, stem from an improper purpose, and lacks factual and legal basis, and contains biased information and is therefore inappropriate. There are ongoing legal proceedings between Mr. Blutrich and the Company in Canada, as well as legal proceedings in Israel between Mishorim against Mr. Blutrich and between Mr. Blutrich and the controlling shareholder of Mishorim, Mr. Alex Shnaider. About Skyline Skyline is a Canadian company that specializes in hospitality real estate investments in the United States and Canada. The Company currently owns 18 income-producing assets with 3,301 hotel rooms and 89,869 square feet of commercial space, and development lands with rights for approximately 2,315 residential units located in three main areas north of Toronto, Canada. The Company is traded on the Tel Aviv Stock Exchange (ticker: SKLN) and is a reporting issuer in Canada.

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