OTCQX:NTTHF - Post by User
Post by
RuudinFranceon Oct 10, 2021 4:53am
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Post# 33992868
Alex wrote: "feel free to repost this on other platforms".
Alex wrote: "feel free to repost this on other platforms".@Alex1978 @RuudinFrance NLC is a reporting issuer (public company) in Ontario and the Ontario Securities Commission (OSC) is its principal regulator.
I therefore urge everyone to email the OSC addressing our general concern that NLC has the fiduciary responsibility to us shareholders to present the data we funded (DFS), that we are entitled to see it, and that we are concerned that this sudden all-in-cash-offer from Zijin Mining ahead of the due DFS, and as accepted by NLC’s board, is significantly undervalued and not appropriately based on the asset value to be derived from the DFS.
Please note the below contact details of the OSC.
The more shareholders write to the OSC, the more likely it is that the OSC will investigate this sudden low ball all-in cash offer ahead of the due DFS, and hopefully block the deal until further notice. Please feel free to repost this on other platforms.
Contact details OSC:
David DoRego
Lead Inquiries Officer
Ontario Securities Commission
inquiries@osc.gov.on.ca
416-593-8314
1-877-785-1555