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Turquoise Hill Resources Ltd. TRQ


Primary Symbol: 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

Comment by Countrygenton Nov 03, 2022 8:25pm
172 Views
Post# 35071625

RE:RE:RE:The deal with Pentwater - what about OSC and SEC regulations

RE:RE:RE:The deal with Pentwater - what about OSC and SEC regulations

Unkal, the exact problem you are having is shared by many others - that is that by adjourning the meeting and then changing the fundamental voting background with a side deal, procedurally the prior proxy circular notice from TRQ is missing some highly relevant facts, and the time to consider and arrange a dissent notice is inadequate and unreasonable.

There is a case to be made the notice is insufficient and there ought to be a supplemental proxy circular or notification with a new notice period to a later meeting date.  It's a questionable scenario both procedurally and substantively.  The securities regulators should be putting a halt to the meeting going ahead next week.  My opinion only.

cg

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