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Bullboard - Stock Discussion Forum AXE EXPLORATION INC V.AXQ

"Axe Exploration Inc is a Canadian based exploration stage company. It is engaged in the business of acquiring, exploring and developing of mining properties and also holds interests in properties at the exploration stage located in Canada. It has interests in four properties, which are located in Quebec, mainly in Abitibi area. Its properties include Destorbelle Property, Commandant Property... see more

TSXV:AXQ - Post Discussion

AXE EXPLORATION INC > Rights issued to existing shareholders
View:
Post by Haze028 on Nov 19, 2018 4:03pm

Rights issued to existing shareholders

I just received a notice from Axe stating I am granted 1 Right for each existing share I own. Each Right allows for the purchase of 1 Common Share @ a price of .04 or .64 post consolidation. Offer expires end of Feb. 2019
Comment by Manakai on Nov 19, 2018 8:21pm
Without Prejudice: Why are you the only poster who has had this “so  called “rights”  privilege “? I think firstly, this is a pukey sneaky PLOY to convince  the gullible investors to vote yes to this crappy deal. Secondly, so I would get 975,000 rights to buy  at .04 cents or are you saying that after they punish me by making my 975,000 reversed 1-16 which gives me 60,000 give ...more  
Comment by Haze028 on Nov 21, 2018 6:54pm
Firstly, I assume other will be getting these soon, I got it last week. Seondly, I'm not asking to or suggesting you do anything. I truly don't care what you do, I was only posting what I had just received from my brokerage on behalf of Axe.
Comment by Haze028 on Nov 21, 2018 7:11pm
Terms of the Offer Offer expires Feb 26th 2019
Comment by Soyers09 on Nov 21, 2018 8:17pm
I received the same letter last Friday. The offer starts November 28th and expires February 26, 2019. 
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