Does anyone know WHY ?? Bruce was "fired"Something smells > Brack was a director of Newstrike & now with an allmost new board is replacing Bruce. Brack received IMHO generous terms in the takeover
Would sure like to know why Bruce was "fired" with no reason provided to him or " TMM shareholders"
Mr. George Brack is a director of both the Company and Newstrike. He declared his interest to the boards of directors of each of Newstrike and the Company at the start of discussions regarding a possible transaction between the two companies. Mr. George Brack recused himself from any negotiations and abstained from voting on resolutions of either the Newstrike Board or the Timmins Board in connection with the Arrangement and ancillary matters. To the Company’s knowledge, he owns, directly or indirectly, or exercises control over 500,000 Newstrike common shares, 200,000 options to purchase Newstrike common shares, and 200,000 options to purchase Timmins common shares.