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KLONDEX MINES LTD. T.KDX

Metals & Mining Industrial Metals & Minerals
"Klondex Mines Ltd is a gold and silver producer engaged in exploration, development, and production of its properties. The company has interests in three mineral properties: the Fire Creek Mine, and the Midas Mine and ore milling facility, both of which are located in the state of Nevada, USA, and the True North Gold Mine (formerly the Rice Lake Mine) and mill in Manitoba, Canada. The revenue of the company is generated from the sale of gold and silver."


TSX:KDX - Post by User

KLONDEX MINES LTD. > BlackRock + Waterton Comment
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Comment by diceroll777on Feb 09, 2018 5:24am
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Post# 27531679

RE:BlackRock + Waterton Comment

RE:BlackRock + Waterton Comment Makes it more intriguing. Neither party can have a intent of take over as the 13g is for passive investment. Wish we knew what they did.

To be able to file 13G instead of 13D, the party must own between 5 and 20% in the company. It must also be clearly understood that the party acquiring the stake in the company is only a passive investor and does not intend to exert control. If these criteria are not met, and if the size in the stake exceeds 20%, a 13D must be filed

Read more: Schedule 13G https://www.investopedia.com/terms/s/schedule13g.asp#ixzz56ba0OIkY 
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