(1) Without limiting the application of any other legal requirements that apply to meetings of security holders and information circulars, this section applies only to a business combination for which section 4.5 requires the issuer to obtain minority approval.
(b) a description of the background to the business combination,
(i) that has been made in the 24 months before the date of the information circular, and
(d) disclosure of any bona fide prior offer that relates to the subject matter of or is otherwise relevant to the transaction, which offer was received by the issuer during the 24 months before the business combination was agreed to, and a description of the offer and the background to the offer,
(e) a discussion of the review and approval process adopted by the board of directors and the special committee, if any, of the issuer for the transaction, including a discussion of any materially contrary view or abstention by a director and any material disagreement between the board and the special committee,
(g) disclosure of the number of votes attached to the securities that, to the knowledge of the issuer after reasonable inquiry, will be excluded in determining whether minority approval for the business combination is obtained, and
(h) the identity of the holders of securities specified in paragraph (g) together with their individual holdings.
(4) If, after sending the information circular and before the meeting, a change occurs that, if disclosed, would reasonably be expected to affect the decision of a holder of affected securities to vote for or against the business combination or to retain or dispose of affected securities, the issuer shall promptly disseminate disclosure of the change
(a) in a manner that the issuer reasonably determines will inform beneficial owners of affected securities of the change, and
(b) sufficiently in advance of the meeting that the beneficial owners of affected securities will be able to assess the impact of the change.
(5) If subsection (4) applies, the issuer shall file a copy of the disseminated information contemporaneously with its dissemination.