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Trelawney Mining and Exploration Inc TWNNF



GREY:TWNNF - Post by User

Trelawney Mining and Exploration Inc > Just shy of 90%
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Comment by pixy242on Sep 21, 2011 12:04pm
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Post# 19066454

RE: Just shy of 90%

RE: Just shy of 90% TRR is NOT going to buy the shares in the open market. If they don't get the 90% by 23rd, they will call a special general meeting to pass a resolution forcing the sale of the remaining shares at the same ratio. Not sure how long that would take, but till then any shares untendered will be at the 'tender' mercy of the arbitragers in the market. JMHO.
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