Spider Resources

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
Home Videos Research Press Release Q&A Discussion
Discussion Parent
Back     Next
Threads Posts
Re: Beware: It's a Proxy War!
Spider Resources
over 14 years ago
1
in response to StevieRay's message

"Am I correct in saying:

  • only 2/3 of shares voted 'yes' needed for the merger (not total outstanding). Correct!
  • shares tendered to Cliff's offer are not allowed to vote at the meeting. I believe they are given that they are recorded June 4th or before. But Cliffs need a proxy to vote them.
  • Cliffs wants those shareholders who have tendered shares to submit a special Yellow Proxy allowing them to vote those 'tendered' shares against the merger." Id.

Your guess on the outcoming news release? (Hard to tell, isn't it?)

GLTA.

BaBe.

Back     Next
Please login to post a reply
BarbuBeatnik
City
Montreal
Rank
Treasurer
Activity Points
7528
Rating
Your Rating
Please Log In to Vote
Date Joined
12/04/2009
Social Links
Private Message
Spider Resources
Stock Quotes
Symbol
SPQ
Exchange
TSX-V
Shares
660,422,662 Aug. 27, 2010
Industry
Metals & Minerals
Website
spiderresources.com/
Create a Post
Follow Hub
Disclaimer