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Nordex Explosives Ltd V.NXX

"Nordex Explosives Ltd is engaged in development, manufacturing and resale of explosives products in Canada."


TSXV:NXX - Post by User

Post by DUTCHPOWERon May 31, 2014 5:05pm
159 Views
Post# 22618265

WHAT ARE CANADIAN REGULATIONS?

WHAT ARE CANADIAN REGULATIONS?Sometimes ago I considered buying Nordex shares to add to my diversified portfolio (on a recommendation of my German friend).  Doing my due dilligence I stumbled on stockhouse website. Thank you all for posting some good information here. I did not purchase any shares as I became concerned about management practice of issuing shares at a discount to the market and only  to selected parties!!! Something appears to stink in Denmark.

Do Canadian market  regulators allow this?  Did the shareholders have the vote on issuing 10 million shares at a discount to the market to outside parties?
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