I knew I'd seen it somewhere. Page 50 of the original Noront offer says:
"10. OWNERSHIP OF AND TRADING IN SECURITIES
None of Noront or any of its directors or officers or, to the knowledge of Noront after reasonable enquiry: (a) any associate or affiliate of such directors or officers; (b) any person or company holding more than 10% of any class of equity securities of Noront or its associates or affiliates; (c) any other insider of Noront; or (d) any associate, affiliate or person or company acting jointly or in concert with Noront, beneficially owns, directly or indirectly, or exercises control or direction over any of the securities of Freewest.
During the six-month period preceding the date of the Offer, no securities of Freewest have been traded by: (a) Noront; (b) any director or senior officer of Noront; or (c) to the knowledge of the directors and senior officers of Noront, after reasonable inquiry, by (i) any associate of the directors or senior officers of Noront; (ii) any person or company holding more than 10% of any class of securities of Noront; or (iii) any person or company acting jointly or in concert with Noront."
So, Noront did not accumulate FWR shares prior to the offer, according to this statutory declaration.
Also, in skimming through the offer to find the above reference, I discovered that I had mis-stated the notice provisions required for Noront to have purchased FWR shares directly from the Venture exchange. They would have required one day notice, not 10, as I previously stated. As they have provided no notice of that, they have not availed themselves of that opportunity.
Lar
