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ECUADOR GOLD AND COPPER CORP V.EGX

"Ecuador Gold and Copper Corp is a mineral exploration, mining and development company. The Company acquires and explores gold mineral rights located in Ecuador."


TSXV:EGX - Post by User

Post by stockprospon May 28, 2014 12:22pm
299 Views
Post# 22605731

Approval Rates for Buyouts

Approval Rates for BuyoutsI've read it's 75% in BC & 66.67% for rest of Canada.  Can anyone confirm this? If so, this is interesting as even Aura with 51% control couldn't alone accept a low ball offer or just 'take over' rest of shares (not suggesting they would). Both Aura and management (who own approx 10%) would want some large returns no doubt.
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