Creso Exploration Inc CRXEF

RE:Question from a n00b when it comes to acquisitioned stocks

[Jonogubba]

Answer: One company purchasing another is called an acquisition. When a company you own is purchased, the shares you own go away, and you get paid by the purchasing company in one of the following ways:

• Cash Acquisition – Just like when you sell stock, the purchasing company pays you a set dollar amount for each share you own
• Stock Acquisition – The purchasing company gives you shares of its own stock in place of your shares
• Cash and Stock Acquisition – You receive both cash and shares of the purchasing company

Acquisitions are mandatory reorganizations and the amount of cash and/or shares you receive is determined and announced by the purchasing company. You can find the specifics of the acquisition on the investor relations page of either company’s website.