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: Sedar- AMENDED SHAREHOLDER RIGHTS PLAN AGREEMENT
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Sedar- AMENDED SHAREHOLDER RIGHTS PLAN AGREEMENT
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MC
Nov 26, 2021 07:41PM
Re: Sedar- AMENDED SHAREHOLDER RIGHTS PLAN AGREEMENT
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cb2go
Nov 26, 2021 08:24PM

This was in the original SRP may26..........

Subject to the terms of the Rights Plan, in the event that rights become exercisable under the Rights Plan, holders of the rights (other than the acquiring person and its related parties) will be permitted to exercise their rights to purchase additional Common Shares at a 50% discount to the then prevailing market price of the Common Shares. Pursuant to the Rights Plan, one right attaches to each issued and outstanding Common Share.

Does this mean BHP/Wyloo can aquire shares by 'creeping bids' to increase their ownership %, then we are offered shares at 50% discount?

They have deaper wallets, not the best protection for us imo. Hope I'm interpreting this wrong.

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Re: Sedar- AMENDED SHAREHOLDER RIGHTS PLAN AGREEMENT
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zoomzoomzoom
Nov 26, 2021 08:34PM
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