GREY:GLBCF - Post by User
Comment by
rocket500on Apr 22, 2015 12:12pm
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Post# 23652917
RE:Reason for split
RE:Reason for splitI'm also wondering why IMHL would take shares in GCO in lieu of their loan - why would someone do this unless they thought they could make more profit so is this another vote of confidence? Maybe I'm reading too much into it.
Upon the approval of the Transaction, Global Cobalt shareholders will be asked to vote to allow for the conversion of the loan by IMHL to Global Cobalt dated July 8th, 2013 (the "IMHL Loan") into common shares of Global Cobalt