Summary of the Arrangement "...The Arrangement will be implemented by way of a court-approved plan of arrangement pursuant to the Business Corporations Act (Ontario) and will require the approval of the Ontario Superior Court of Justice (Commercial List) and the approval of at least two-thirds of the votes cast by Rockcliff shareholders at a special meeting of Rockcliff shareholders which is expected to be held in the third quarter of 2023.
In addition to the aforementioned approvals, completion of the Arrangement is subject to other customary conditions and stock exchange approvals. The Arrangement is expected to close in the third quarter of 2023..."
https://rockcliffmetals.com/investors/news-releases/hudbay-to-acquire-rockcliff-to-consolidate-the-snow-lake-camp/
Rockcliff's third quarter of 2023 should be near the end of December since last year, it occured at around the very same time.
A lot can happen between now and then.
Maybe Rockcliff will get a better offer from a different miner? Even at 5 cents, Rockcliff's assets are extremely undervalued in my opinion.
Maybe another major miner may feel the same way?
A little extra competition in the exploration space never hurts the share price!
It's interesting that Hudbay has been doing most of the recent buying. Nobody really knew!
I suggest that instead of selling your remaining shares on the open market, keep your shares until we have all the facts!
This may take some time. We have a few more months for the action to get a lot better!
Thanks to Rockcliff Management for the delay so we might get that better price!
Time will tell!
Keep your shares!
Good luck, Java