Newcastle Gold Ltd.

Operating Gold Mines - Quebec & Peru Canadian Gold Producer with significant GOLD Reserves
1
in response to glenfidish's message

1. If you choose to dissent are you completely out of the "merger" voting?

Yes. See CBCA, S. 191, link below.

2. If yes to #1 does it make it more difficult to get the 25% votes needed to stop the "merger" voting?

Yes, by definition, as someone who wanted the offered securities via merger would not dissent.

3. Once you obtain certificate how do you file a dissent? Is there a form? And how can i obtain such form if there is one?

The procedures are spelled out in the CBCA, and will also be fully described in the Management's Information Circular.

4. What is the mailing address of such authorities were certificate and dissent notice must go?

That will be in the MIC.

5. Lastly can shareholders vote against a dissent in the supreme court if the fair value proposed by mediator does not seem fair to shareholders? In such case what would happen?

The fair value assessment, if it goes to court, will be argued in the Superior Court of Justice. You must be represented by a lawyer, so it can get expensive. Any decision of the Superior Court can be appealled to a higher court, but there is no guarantee that the appeal will be heard.

Section 191 of the Canada Business Corporations Act.

I'm posting from the airport. Will be meeting those 40+ million shares over the next few days, and laying out some strategies. Those shares are friendly. That's all you need to know at the moment.

We may require some shareholder support vis a vis legals, or at the very least, the cost of obtaining the shareholders' list, if a telephone campaign is to be mounted. Will advise ASAP, but consider how much you're willing to contribute. We will be coordinating our strategies with Stockigloo etc., so there will be no need of following the goings on on multiple boards.

Lar

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hoov
City
Millbrook ON
Rank
President
Activity Points
54560
Rating
Your Rating
Date Joined
06/14/2008
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Newcastle Gold Ltd.
Symbol
NCA
Exchange
TSX-V
Shares
155,078,807
Industry
Metals & Minerals
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