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Torq Resources Inc V.TORQ

Alternate Symbol(s):  TRBMF

Torq Resources Inc. is a Canada-based copper and gold exploration company with a portfolio of holdings in Chile. The Company's projects include Santa Cecilia and Margarita. The Santa Cecilia mineral exploration project is a 3,250-hectare property located approximately 100 kilometers (kms) east of the city of Copiapo, Chile, in the southern region of the world-class Maricunga belt and immediately north of the El Indio belt. The belt is characterized by gold epithermal and gold-copper porphyry deposits. The Margarita Iron-Oxide-Copper-Gold (IOCG) project is comprised of approximately 1,445 hectares and is located in Chile, 65 kms north of the city of Copiapo with access to infrastructure. The property is located within the prolific Coastal Cordillera belt that hosts the world-class Candelaria (Lundin Mining Corp.) and Mantoverde (Mantos Copper Holding) IOCG mines, and porphyry-skarn deposits such as Santo Domingo (Capstone Mining Corp.) and Inca de Oro (PanAust/Codelco).


TSXV:TORQ - Post by User

Bullboard Posts
Comment by PeterPiperon Feb 03, 2010 8:15pm
224 Views
Post# 16750023

RE: IMPORTANT: Do not vote

RE: IMPORTANT: Do not vote"By not voting, your votes will automatically vote for the merger onFebruary 26."

We checked this with a securities lawyer and shares that are not voted are not counted either way.

"However if you vote now by proxy, you will not be able tovote for a better offer - should we receive one - unless you formallyrevoke your prior proxy vote.  "

If a better offer comes in then the current deal goes away, so you will still be able to vote on the new offer.

I do, however, agree with your decision not to vote now, unless you cannot attend the meeting and feel you must vote one way or the other.

Another strategy (which I do not recommend) is to sell all your shares now for 29.5 shares, and then vote them whichever way you want too.  You will still be a shareholder of record!

Piper

Bullboard Posts