Aurelian Resources Was Stolen By Kinross and Management But Will Not Be Forgotten

The company whose shareholders were better than its management

Free
Message: Re: Kinross warrant
4
Sep 05, 2008 09:06AM

In the Offer to Purchase, under exercise of Kinross Warrants, it states on pg 33:
"Each whole Kinross Warrant....(Toronto time) on the date that is five years following..."

the full text is:

"Each whole Kinross Warrant will entitle the warrantholder to purchase one Kinross Share at an exercise price of Cdn $32.00 as adjusted (the Exercise Price) until 5:00 p.m. (Toronto time) on the date that is five years following the Effective Date."

the operative word left out is "until" so it is any time in the next five years. i don't think even a kinross lawyer could cook up a warrant that could only be exercised on one day in five years.


Sep 05, 2008 09:20AM
5
Sep 05, 2008 09:31AM
6
Sep 05, 2008 09:33AM
2
Sep 05, 2008 10:07AM

Sep 05, 2008 11:05AM
1
Sep 05, 2008 11:42AM
Share
New Message
Please login to post a reply