RE: RE: The End Game Yes, sure it is the best deal for Batista to get both for $3 (that will be really free ride for him), but what make us think there is no deal already and they are working on it. 18 month is not in the book any way as someone mentioned, they can say any today and tomorrow you hear different.
It was denied during the update release about the talk with AUX.
They were discussing the deal for CALI as it was stated on Aug, 30 2012 (See SEDAR), Notice that the report was dated for October 19, 2012
WHEREAS:
A. AUX Canada wishes to acquire all of the issued and outstanding common shares of Galway;
B. AUX Canada is a wholly-owned subsidiary of AUX;
C. AUX, AUX Canada, Galway, Spinco1 and Spinco2 wish to propose an arrangement involving, among other things, the transfer to Galway Shareholders of Spinco1 Shares and Spinco2 Shares and the acquisition by AUX Canada of all of the issued and outstanding common shares of Galway;
D. the Parties intend to carry out the transactions contemplated herein by way of an arrangement under the provisions of the Business Corporations Act (Ontario); and
E. the Parties have entered into this Agreement to provide for the matters referred to in the foregoing recitals and for other matters relating to such arrangement.
Guys, just hold and wait you will be surprised.
GLTA,
Dan