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Barkerville Gold Mns Ltd BGMZF

Barkerville Gold Mines Ltd is a Canada based company operates in the business of Gold. It is engaged in the production and sale of gold, and the exploration, development, and acquisition of mineral properties in British Columbia. The mineral tenures cover approximately 2,000 square kilometres. The company primarily holds interests in Cariboo Gold Belt District, Island Mountain, Cow Mountain and Barkerville Mountain.


OTCQX:BGMZF - Post by User

Post by BywrongKon Aug 11, 2018 12:27pm
155 Views
Post# 28444739

When is a takeover not a takeover? Hint.......

When is a takeover not a takeover? Hint..........perhaps when this gang is involved At the Meeting, Dalradians shareholders will be asked to approve the acquisition by Orion of the issued and outstanding common shares of the Company (Dalradian Shares) by way of a statutory plan of arrangement under the Business Corporations Act (Ontario) (the Transaction), other than Dalradian Shares owned by Orion or its affiliates, and by certain members of Dalradians senior management team, Sean Roosen and Osisko Gold Royalties Ltd (collectively, the Remaining Shareholders). Each Dalradian shareholder (other than the Remaining Shareholders) will receive cash consideration of C$1.47 for each Dalradian Share held. . So let's see how this works...lowball offer for "other shareholders" but not for the gang above. Hmmmmm, one wonders if it's a 'great deal for some shareholders but not all shareholders?" Why? Just my opinion
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