GREY:BNCIF - Post by User
Post by
Goldfatheron Jul 27, 2017 12:08pm
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Post# 26516826
Deal Terms
Deal Terms Hey gang, below suggests we're guaranteed .20. I read this that IF the FC
sp is lower than .76.... we'll get a higher cut , that's the " equivalent" . How do you all read it ?
"Under the terms of the planned arrangement, CobalTech shareholders will receive 0.2632 of a First Cobalt common share representing the equivalent of $0.20 per CobalTech share."