RE: A quick look at the number of shares Big Correction
This makes more sense...
Each of the AGA Transaction and the Gold One Transaction will be considered separately by shareholders of the Company at a Special Meeting which the Company anticipates will be held in mid May, 2012. In relation to the approval of the AGA Transaction, the Company has been advised that the AGA Transaction will be considered a "related party transaction" under Multilateral Instrument 61-101, as a result of the ownership by AGA of 19.8% of the common shares of the Company. Accordingly the Company engaged Paradigm Capital Inc. to provide a formal valuation of MWS and its related entities, a copy of which will be included in the Information Circular to be sent to shareholders. In order to approve the AGA Transaction 66-2/3% of the votes cast by shareholders of the Company and 50.1% of the votes cast by shareholders other than AGA and certain other related parties are required. With respect to the Gold One Transaction approval is required from 66-2/3% of the votes cast by shareholders at the meeting
The Company has been advised that Franco is a related party for purposes of the approvals of those transactions and the AGA Transaction and their votes will not be included in any majority of the minority vote of shareholders
The Company has been advised that Village is a related party for purposes of the approval of the AGA Transaction and their votes will not be included in any majority of the minority vote of shareholders
From how I read it Both all the insiders cannot vote on teh AGA agreement.