Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Ursa Major Minerals Incorporated T.UMJ



TSX:UMJ - Post by User

Post by PDoggon Oct 15, 2010 12:46am
461 Views
Post# 17567732

Shareholder Rights Plan (Poison Pill)

Shareholder Rights Plan (Poison Pill)Exciting times.  Does any one know how Ursa's shareholder rights plan (poison pill) will be implemented?  My understanding is that If Inspiration or another party hostily captures over 20% of the float, current share holders who are not the hostile party have to option to buy shares at 50% of the market price for each share they own.  Will this be triggered automatically when the 20% amount is exceeded or is it up to the discretion of management? Also, will the options be deposited in your brokerage account, mailed to you, or what?  
<< Previous
Bullboard Posts
Next >>