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

The company whose shareholders were better than its management

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Message: Failure to File a Notice of Change

Failure to File a Notice of Change

posted on Sep 17, 2008 11:07PM

Since the Offer came out on July 28, 2008 a representative of the Government of Ecuador has come out and said that the "dreaded" Windfall Profits Tax will not apply to mining. In my estimation this should require a Notice of Change from the BOD of Aurelian.

Below is an excerpt from the OCS Takeover rules on page 25...



"Notice of change
2.16 (1) If, before the expiry of a take-over bid or after the expiry of the bid but before the expiry of all rights to withdraw the
securities that have been deposited under the bid, a change has occurred in the information contained in a directors’ circular or
in any notice of change to a directors’ circular that would reasonably be expected to affect the decision of the security holders to
accept or reject the bid, the board of directors of the offeree issuer must promptly issue and file a news release relating to the
change and send a notice of the change to every person to whom the circular was required to be sent disclosing the nature and
substance of the change.
(2) A notice of change in relation to it must be in the required form.
Filing directors’ notice of change


2.17 The board of directors of the offeree issuer must concurrently file the directors’ circular or a notice of change in relation to it
and deliver it to the principal office of the offeror no later than the date on which it is sent to the security holders of the offeree
issuer, or as soon as practicable after that."



I am no lawyer, but I feel this is material...

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