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QMX Gold Corporation V.QMX

QMX Gold Corp is a junior exploration company. It is engaged in mineral exploration and evaluation properties in the province of Quebec. The Company is focusing on the exploration and evaluation of its gold and base metal projects within this region. It is also focused on the Val d'Or mining camp in the Abitibi District of Quebec. It holds the Aurbel property and holds a 100% interest in the VMS properties.


TSXV:QMX - Post by User

Post by PappyGalloon Mar 16, 2021 12:14am
291 Views
Post# 32805410

Voted against the ELD proposal

Voted against the ELD proposal

Finally my proxy vote came in and I voted against the ELD proposal.   What I did not realize is that ELD and the CEO of QMX can not have their votes be apart of the vote as they own more than 1% of the votes.

So as Minority Shareholders we do have a chance to reject the offer.   Remember what we are getting is ELD shares in return - and a very small amount.  
 

ELD has to put together a better offer if we are to accept.

 

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