1percentup's Profile
1percentup's Posts
Re: ARE WE MISSING AN OPPORTUNITY ??
Please inform me, that a review of the application and takeover, shows it to be in compliance with the INVESTMENT CANADA ACT.
I sent this email to the minister....
To whom it may concern:
I am a shareholder of Century Mining (CMM) a Canadian company traded on the TSX.
A takeover bid by White Tiger Gold (WTG), which is a foreign registered company controlled almost 100% by a Russian group, has won approval by the regulatory bodies and now appears to own and control Century Mining (CMM).
There appears to have been a number of regulations that were not adhered too in the approval process. The board of directors did not act in the best interest of the shareholders. The shareholders are being forced to accept a dilution of the share value and are now having to submit to being totally controlled by a foreign entity.
I believe that there needs to be a complete review of this takeover of a Canadian company by a foreign owned body.
Century Mining has over $15 Billion of proven gold in the ground with it's Canadian and Peruvian mines and is pouring gold bricks. It has now been forced to dilute it's assets with the seemingly unproven and overstated assets of this conniving Russian group.
To tie the assets of Century Mining to Russian control, headquartered in a third party foreign land, IS NOT in Canada's best interests or the interest of the shareholders trusting in the regulatory system that allowed this.
Too many compliance's, regulations and requirements have been overlooked in this merger.
Please inform me, that a review of the application and takeover, shows it to be in compliance with the INVESTMENT CANADA ACT.
almost 13 years
ago
Re: ARE WE MISSING AN OPPORTUNITY ??
Please inform me, that a review of the application and takeover, shows it to be in compliance with the INVESTMENT CANADA ACT.
I sent this email to the minister....
To whom it may concern:
I am a shareholder of Century Mining (CMM) a Canadian company traded on the TSX.
A takeover bid by White Tiger Gold (WTG), which is a foreign registered company controlled almost 100% by a Russian group, has won approval by the regulatory bodies and now appears to own and control Century Mining (CMM).
There appears to have been a number of regulations that were not adhered too in the approval process. The board of directors did not act in the best interest of the shareholders. The shareholders are being forced to accept a dilution of the share value and are now having to submit to being totally controlled by a foreign entity.
I believe that there needs to be a complete review of this takeover of a Canadian company by a foreign owned body.
Century Mining has over $15 Billion of proven gold in the ground with it's Canadian and Peruvian mines and is pouring gold bricks. It has now been forced to dilute it's assets with the seemingly unproven and overstated assets of this conniving Russian group.
To tie the assets of Century Mining to Russian control, headquartered in a third party foreign land, IS NOT in Canada's best interests or the interest of the shareholders trusting in the regulatory system that allowed this.
Too many compliance's, regulations and requirements have been overlooked in this merger.
Please inform me, that a review of the application and takeover, shows it to be in compliance with the INVESTMENT CANADA ACT.
almost 13 years
ago
IIROC
Has anyone heard of this regulatory orgainization? Would they have any relevance in the investigation of this take over bid?
They were interviewed on BNN today.
www.iiroc.ca
SFN Knucklehead
about 13 years
ago
Re: Voting online....?
OK.... confusion! Maybe this is the ultimate bate and switch game. Vote against and CMM declares bankruptcy.... Finsky get ist for nothing. Vote for and question #1 and he is enabled to force the deal through...?
Maybe we need to contact the legal council?
about 13 years
ago
Re: Voting online....?
I meant to ask that the 1st question seems vague.... can anyone explain it?
about 13 years
ago
1percentup
City
Edmonton
Rank
Mail Room
Activity Points
117
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Date Joined
02/28/2010