HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: Shareholder Rights Plan
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Shareholder Rights Plan
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sambone
Nov 08, 2009 11:55AM
Icon president Re: Shareholder Rights Plan
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Sum4All
Nov 08, 2009 12:05PM
Icon president Re: Shareholder Rights Plan/ In addition
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Sum4All
Nov 08, 2009 12:12PM
Re: Shareholder Rights Plan
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esterbinki
Nov 08, 2009 06:02PM
Icon president Re: Shareholder Rights Plan
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Sum4All
Nov 08, 2009 06:30PM

I suspect each shareholder has a right, and they present that right to the transfer agent and that is the action or trade that is blocked.

I googled the subject and the following are a couple of OSC explanations for their reason to uphold/deny their decision.

http://www.thefreelibrary.com/OSC+Releases+Reasons+In+Neo+Denying+Application+To+Cease+Trade...-a0208284409

http://www.encyclopedia.com/doc/1G1-117154218.html

There are many more, just google if you want. It is quite educational.

Quebec is not bound in any way, so it appears to me that the commission in Quebec, and elsewhare will look to the way in which a SH rights plan was brought for a vote and if it was railroaded through or not to determine if they will quash it or not.

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