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Turquoise Hill Resources Ltd. T.TRQ

Turquoise Hill Resources Ltd is a global mining company that primarily mines copper, gold, and coal in the Asia-Pacific region. The company holds a 66% interest in Oyu Tolgoi, one of the world's largest copper-gold-silver mines, which ships concentrate to customers in China. Oyu Tolgoi is located in the South Gobi region of Mongolia, approximately 550 km south of the capital, Ulaanbaatar, and 80 km north of the Mongolia-China border. The company also holds interests in companies that mine...


TSX:TRQ - Post by User

Post by Countrygenton Nov 25, 2022 2:00am
464 Views
Post# 35127438

New Meeting December 9th and Correction

New Meeting December 9th and Correction

They are resetting the meeting, and I was wrong, shareholders can both vote no and dissent at the same time.  As well, the previously delivered proxies will remain in force if not revoked.

Surely that means they believe they can carry the vote and it makes no sense they would proceed unless Pentwater and Sailingstone would abstain?  I guess they would abstain so they can secure the immediate partial payment with the dissent to follow, as in they need the vote to pass for them to pursue those two exchanges for their shares.  

Whadda ya know.  And mea culpa on misreading the voting vs dissenting ... you can vote NO and dissent, so they say.

There is a new NR floating around out there now from TRQ.

cg

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