OTCPK:NWKRF - Post by User
Comment by
Zulfikaron Jan 16, 2018 12:30pm
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Post# 27368578
RE:RE:RE:RE:HIP, Aurora and Cannimed: How is this all going to end?
RE:RE:RE:RE:HIP, Aurora and Cannimed: How is this all going to end?That is incorrect. Lockup means that locked up shareholders CANNOT vote in favour of Newstrike deal: Lock-Up of Shareholders of CanniMed In connection with the proposal, Aurora has entered into irrevocable lock-up agreements in support of its proposal from shareholders representing approximately 38% of CanniMed's outstanding shares. Under the lock-up agreements, the locked-up shareholders are precluded from tendering or voting any of their CanniMed common shares in favour of any other acquisition proposal relating to CanniMed and are required to vote against other acquisition proposals or actions which might prevent, delay or frustrate Aurora's proposal.