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Coniagas Battery Metals Inc. T.COS


Primary Symbol: V.COS Alternate Symbol(s):  CNBMF

Coniagas Battery Metals Inc. is a Canada-based exploration and mining company. The Company is focused on nickel, copper, and cobalt in northern Quebec. It is advancing Graal Nickel & Copper Project. The Graal Nickel & Copper Project (the Property) is located in the north of Saguenay Lac St-Jean region. It is comprised of 110 map-designed claims covering 6,113 hectares. The Property is also located at 190 kilometers (km) north from the seaport terminal of Grande-Anse (Saguenay).


TSXV:COS - Post by User

Post by forecast123on Jan 13, 2016 6:45pm
155 Views
Post# 24455934

Can SU settle the tendered shares if reqd % is not reached ?

Can SU settle the tendered shares if reqd % is not reached ?Do anyone know the answer ? If SU by Jan 27 can't get 2/3 votes, say they get 51% tendered, they yes they failed to acquire COS but can they still settle the COS shares tendered to them so that SU then become a 51% big shareholder of COS ? If this is so, once SU became a 51% shareholder, then SU have most say to even suggest changes COS BOD or CEO etc and putting in their own men .... So my question is whether SU can ONLY settle the COS shares tendered IF they succeeded in 2/3 votes OR SU can settle the COS shares so far before expiry date ? Any thoughts ??
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