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RESERVOIR MINERALS INC V.RMC

"Reservoir Minerals Inc is engaged in the acquisition, exploration and development of mineral properties in Serbia, Cameroon, Gabon, Macedonia and Romania."


TSXV:RMC - Post by User

Comment by bendystockon Jun 02, 2016 10:36pm
140 Views
Post# 24929861

RE:A new option emerges.....

RE:A new option emerges.....Wow is right, I guess the promotional video is perfectly timed to coincide with a big vote against the deal.

The information is also posted on Sedar so it is official documentation

https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00032332

Looks like at least 8% of shareholders are voting no to the deal + my two cents worth.

Great news that the 8% holder has already offered RMC the funds needed to keep the project moving along - $80 million placement at $8 per share and a $50 million loan.

Hopefully everyone that wants their shares to be worth way more than $9.40 in the near to medium term reads this fully and remembers to vote.
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