RE:RE:RE:RE:RE:RE:Who is Metalstream?griz14 wrote:
Hello everyone I am a shareholder of AZS, and CSQ OMG OMG, This is speculation. I didnt know about this post till now. WHAT is the situation with blockchain labs and canamex now? Does canamex own 9.9 % of metalstream now? This is speculation and wondering.
Metalstream records its
ownership on the blockchain Canamex holds 9,900,000 tokens which used to be 9.9%
On the 21st of January, 4.4M tokens were "burned" from the Metalstream ownership.
This undilution event lifts Canamex from 9.9% up to
10.3556% ownership
I note that the CSE doesn not have listing rules about subsidaries or significant control, although if this were on the TSX it would probably require an announcement
This might also be relevant to
beneficial ownership in Labuan, where Canamex might now have the right to nominate directors to Metalstream