First step would be a formal complaint to the TSX to have the Board of Directors explain why this action is in the best interest of all shareholders. It seems to be undue enrichment of directors prior to their showing evidence of doing anything for the company.

It also appears to be designed to undully enrich participants in the flow thru and other shares that maybe offered at this ridiculous price.

IF any of those proposed shares end up in the hands of those who mounted the 'proxy' fight and take over of the board than they should be BARRED from trading or taking any board or managment postion in Canada. Yes the regulatory agencies have that kind of power.