Laurion Mineral Exploration Inc V.LME

Different this time

[Mattheu11]

With all ducks lining up feels different this year then last. Believe finish line in sight.

[ahsineeg]

It looks like timing could be pretty good.  I recall someone saying management information circular needs to be available 21 days prior to the meeting, and it takes about 30 days to prepare an information circular for a plan of arrangement (buyout). So the timeline could look like this -  September 25, 2023 - Buyout announced (2 days before warrants expire ;) ) October 25, 2023

[mithril56]

Ahsineeg what were the timelines of deals being announced, to meeting date being set, information circular being published, meeting/vote happening and transaction closing?

[ahsineeg]

Good question, going through deal timelines now.   Great Bear / Kinross 1- Announced Dec 8, 2021   2- Notice of Meeting sent: December 16, 2021    -Record Date: Jan 5, 2022    -Meeting Date Feb 14, 2022    -Management Information Circular Jan 20, 2022 3- Meeting/Vote: Feb 14, 2022 4- Completed Feb 24, 2022

[matlas]

I love it guy, but you show less than 2 months, whereas McMillan doc indicated average of 72 days. I think there may be time involved in getting court approval-not sure if that is on top. Either way I will take it. I seriously doubt that saving the value of the warrants is a priority that is going to drive this timing. I believe that these were issued as a sweetener for flow-through shares. From

[DAM$]

Kaminak/Goldcorp Total days from announcement 68   1- Announced May 12, 2016 (A Thursday, for the person that thinks it’s a preferred day)   2- Notice of Meeting sent: May 27, 2016    -Record Date: June 7, 2016    -Meeting Date July 12, 2016    -Management Information Circular Jan 20, 2016 3- Meeting/Vote: July 12, 2016 4- Completed

[matlas]

The latest ! 

[Smitty64]

Hey Matlas, I think your math is off in regards to Ahsineeg’s GBR example (in a good way): BO announcement: December 8th Completed deal: Feb 24th Total Days: 78 Days     78 days from Sept 26th is Dec 12th…

[matlas]

Hey Smitty  I did not get the 72 days from GBR example. I got it from McMillan booklet he gave link to. 

[matlas]

I just realized you were referring to different example. I was refrrring to one where he gave Sept 25 and Nov 10 dates. About 50 days.

[matlas]

Sorry, should have written Nov 15, not 10,