TSXV:KEN.H - Post by User
Comment by
Straniuson Apr 04, 2017 11:25pm
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Post# 26077303
RE:RE:Kenadyr Overview
RE:RE:Kenadyr OverviewSee full details here:
https://kenadyr.com/javelle-announces-proposed-qualifying-transaction-with-kenadyr-mining-corporation/
Included in the above press release is the following paragraph:
All Javelle Shares issued pursuant to the Proposed Transaction will be subject to voluntary hold periods on the basis that Javelle Shares issued in exchange for KMC Shares originally issued at a price of less than $0.35 will be subject to a four month hold period and Javelle Shares issued in exchange for KMC Shares originally issued at a price of $0.35 or greater will be subject to a two month hold period from the date of closing of the Proposed Transaction. Certain of the Javelle Shares are expected to also be subject to restrictions on resale or escrow under the policies of the Exchange, including the securities to be issued to “Principals” (as defined under Exchange policies), which will subject to the escrow requirements of the Exchange.
~S
Iveybiz79 wrote: When does the 35 cent paper from the RTO become free trading?