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Monument Mining Ltd. V.MMY

Alternate Symbol(s):  MMTMF

Monument Mining Limited is a Canada-based gold producer. The Company is engaged in the operation of gold mines, acquisition, exploration, and development of precious metals with a focus on gold. It owns a 100% interest in the Selinsing Gold Mine and the Murchison Gold Project. The Selinsing Gold Mine is located in Pahang State, within the Central Gold Belt of Western Malaysia, and comprises the Selinsing, Buffalo Reef, Felda Land, Peranggih and Famehub projects. Buffalo Reef lies continuously and contiguously along the gold trend upon which the Selinsing Gold Property is located. Both Felda and Famehub are located east and north of the Selinsing and Buffalo Reef properties. It has a 100% interest in the Murchison Gold Portfolio, which consists of the Burnakura, Gabanintha, and a 20% interest in Tuckanarra gold properties, located in the Murchison Mineral Field. Burnakura and Gabanintha are located southeast of Meekatharra, Western Australia and northeast of Perth, Western Australia.


TSXV:MMY - Post by User

Post by Gazoo2021on Sep 18, 2021 7:52am
163 Views
Post# 33882848

Malaco Take over at most 47 Days away

Malaco Take over at most 47 Days awayJust as a clarification, whether or not a Malaco offer is forthcoming does not change the tremendous investment opportunnity of presently owning Monument Mining.

I believe we are on the verge of an offer and it will be in around $.30.

Regulations indicate we will be treated fairly.

https://www.tsx.com/trading/tsx-venture-exchange/trading-rules-and-regulations/market-regulation

Division 2 — General

Making a bid

98  A person must not make a take over bid or an issuer bid, whether alone or acting jointly or in concert with one or more persons, except in accordance with the regulations.

Recommendation relating to bid

99   (1)When a take over bid has been made, the directors of the issuer whose securities are the subject of the take over bid must

(a)determine whether to recommend acceptance or rejection of the take over bid or determine not to make a recommendation, and

(b)make the recommendation, or a statement that they are not making a recommendation, in accordance with the regulations.

(2)An individual director or officer of the issuer whose securities are the subject of a take over bid may recommend acceptance or rejection of the take over bid if the recommendation is made in accordance with the regulations.

Repealed


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