TME & CRGI would suggest that CRG shareholders will be putting up their cash but only getting half (or so) of the gold in the ground from EAG ONLY when TME rejects this rotten deal for them. So what TME does is very important for CRG shareholders.
You will note that the terms for the deal with TME is NOT conditioned on the completion of the Osisko $20 deal, whereas the deal woth EAG, CRG and RYG ARE conditioned on the Osisko deal being completed. Clearly what this tells me is that the TME deal is so cheap that they want it to forward in any case. Why refuse something when it is being given away?
There are two seperate deals one between Oban and TME and another deal between Oban and EAG, CRG and RYG. and yet another deal between Oban and Osisko. The TME deal is NOT dependent upon the Osisko deal going forward while the other deal IS!! what does this mean to you?
There is a section of the language that reads: :not more than 5 per cent of outstanding Temex (CRG) shares shall have exercised dissent rights in respect of the Temex (CRG) arrangement"
Does anyone what "dissent rights" means and how one would exercise them?