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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > They need shareholder approval to do this right?
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Post by Kerfish on Nov 11, 2015 10:47am

They need shareholder approval to do this right?

The news release includes the following

The closing of the private placement is conditional only upon receipt of the requisite approval of the Arrangement by the holders of Common Shares and options at a special meeting (the "Special Meeting") and the approval of the TSX and will occur forthwith following the Special Meeting. The proceeds of the private placement will be used for general working capital purposes.
Read more at https://www.stockhouse.com/companies/bullboard/bullboard/t.mmt/mart-resources-inc#wtCGLOzSyjCVw9Wp.99

Do they have enough shares to push this thru.?
Comment by Samdm on Nov 11, 2015 10:50am
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