Alta Copper Corp T.ATCU

Fortescue getting closer to the 51% ownership

[swpb222]

They are slowly or shall I say quickly amassing total control of the company and getting it for peanuts. This is similar to the other deals Bonapart has done. He is going to be the only winner in this game, and Fortescue of course. Why don't the shareholders get to vote on this private placement? considering the management are simply giving the company away. I thought this could not happen because the shareholders would need to vote on it.

[RockLobster1]

I agree with you... I'm assuming that once they got a vote to go over 20 percent then it must allow more.... It's rather unfair that they can do a stealth take over with more votes until it's too late. You could complain to TSX and osc but I tried them in the past with only frustration.  They won't even tell you what they do if anything.  But can't hurt. The game

[swpb]

The retailers are always getting messed up with this stock. Bonaparte has written himself a great exit strategy with a huge cash payout when Fortescue takes over and Fortescue will get dnt/atcu for peaments.

[cadaval]

Agree with you,get this company for peanuts. We can thank you these useless fearless leadership,almost Twenty years in the works To accomplish Nada. Happy Christmas to all

[Sartos1]

There was a shareholders rights plan agreement. https://candentecopper.com/site/assets/files/5330/dnt_candente_shareholder_rights_plan_agreement_aug_10-_2020_sedar.pdf I vote against the proposal last January, and I wrote it here.  (see my post in january 2023) I also advise here about the rights agreement plan that was in force since 2020. The name of Candente Copper change for Alta

[swpb]

looks like they did a number on us. Bonaparte lead the charge to sell the retailers out in exchange for his settlement package. what are we to do?