RE:RE:RE:RE:WINNER!!!!! .. HOW BIG???? From the latest AMK MD&A
The NSR Holders were entitled to 25% of the purchase price the Company received in 2016 from the Company’s sale of a 31% interest in the Treaty Creek property to an arm’s length purchaser. Consequently, the Company transferred to the NSR Holders 125,000 of the 500,000 purchaser shares received by the Company from such sale, thereby fully fulfilling this obligation under the amended agreement
Does this suggest that if there is a takeover 25% of the proceeds would go to the NSR Holders? Not sure, just wondering. If that were the case it would be quite material. Maybe someone could clarify?
Thanks . . . . . . BB