RE:RE:This Canadian mining company is sitting on billions worth ofT33, I am obviously very limited to what I can say, but experienced investigative reporters more often than not, know the answers to their questions before they ask them.
The fact that this article has been published in a large publication like the Toronto Star should be a shot across the bow to all the regulatory agencies designated to protect shareholders, because it would appear someone dropped the ball in 2018.
Are these allegations of public company vote tampering specific to this one situation, or is there a systemic failure throught out the country, where one of these shareholder service companies can be hired days before an AGM, and use their access to shareholders control numbers to alter voters choices without their knowledge?
This could be a huge national story in the making and shareholders of every publicly traded company should be demanding the truth!
As this article correctly identifies, there was no abstain option on the proxy, so how is it remotely possible that any shareholder could have voted abstain?
I assume a shareholder chooses to abstain by not voting their proxy, but that is not the case here.
I have no doubt their will be high level discussions taking place on Monday morning in several of these regulators executive offices regarding Mr Buists story, and the finger pointing will begin.
It would appear by the CEO's comment that Karnalytes finger is pointing at DF King / AST whom is now the TMX Group, so this is going to get interesting as these large companies like the TMX get called to the carpet, and start the corporate wasnt me process.