Rio Novo Gold Inc. RIVVF

Anyone get their ORA shares?

[Method]

It’s been over a week since the deal closed. Usually it’s  not this slow.

[AlfTanner]

My RIVVF shares have still not converted to ARMZF.  I am calling TD Ameritrade tomorrow.

[AlfTanner]

TD Ameritrade told me it can take up to a month for these gray market foreign tracking stocks to transfer.  They said they have not received any instructions from the transfer agent yet.  They said the transfer agent will tend to take their time because they want to make sure the deal has gone through without any issues.  No wonder RIVVF was trading at a 20% discount. 

[Method]

RBC told me the ORA shares came in last night so should be in my account today.

[AlfTanner]

My RIVVF shares finally converted to ARMZF in my TD Ameritrade account!