Welcome To The Spider Resources HUB On AGORACOM

First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

Free
Message: the time has come
Reply New Message
Prev Message Back To Forum Threaded View Next Message

"What is missing from this news release no mention of CANADA CHROME,"

CCC will remain a wholly-owned subsidiary of the amalgamated corp. The Newco keeps all assets and liabilities of the merging entities, except that shares 'crossheld' between the entities shall be annulled.

Other thing (Hoov), I don't thing the merger will be processed through a Plan of arrangement, but rather a Merger Agreement under CBCA (sec. 182). I guess a consolidation will be dealt with in the Agreement. We may get more details soon.

GLTA.

BaBe.

3 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply