On investorvote website, there are 2 questions to vote on:
1.Stated Capital Reduction
To consider, and if deemed advisable, to pass, with or without variation, a special resolution approving a reduction in the stated capital of the common shares of the Company, all as more particularly described in the management information circular of the Company.
2. Plan of Arrangement
To consider, and if deemed advisable, to pass, with or without variation, a special resolution approving a plan of arrangement pursuant to section 192 of the Canada Business Corporations Act involving the Company, White Tiger Gold Ltd. and 7918534 Canada Inc. whereby 7918534 Canada Inc. will acquire all of the outstanding common shares of the Company, all as more particularly described in the accompanying management information circular of the Company.
The seems vague... can anyone explain the ramifications here?