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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Re: Not 14 cents/
3
Feb 06, 2017 08:02PM

The clause to look at is

C: Contingency FeeĀ  "For clarity, Proceeds do not include any amounts realized by Opt-in Shareholders to which the Opt-in Shareholders would already be entitled as of the date of this agreement, but for the performance of this mandate. Proceeds include only those amounts recovered as a result of the performance of this mandate."

So, 9% is the fee for the increase only of what Gowlings is able to achieve through their litigation and perusal of the judge to increase the recovery to us. Looks like a win-win for us the bedraggled in this play.

Have to re-read the part about the "break fee". This may apply only to the "committee".

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Feb 07, 2017 10:13AM
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