I have some questons that I have to find the answer for.

What day are the shares considered sold? Is it Feb 4th which is the day they showed up in my account?

What price do I use for the Cliffs share? Is it the price used for conversion which the Press Release said "relevant five-day period, from January 15 to January 22, as converted into Canadian dollars, is $49.70" or is it the market price of a Cliffs share on the day that the sale was deemed to have happened?

Maybe the Direct Registration Advice (DRA), evidencing the Cliffs shares held by such shareholder that a Press Release told us each registered shareholder (other than CDS and DTC) would receive will answer a few of these questions.