GREY:BNCIF - Post by User
Post by
newsimon1707on Aug 29, 2017 10:51pm
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Post# 26635407
They need 66 2/3 of our shares to approve the deal!
They need 66 2/3 of our shares to approve the deal! According to the paperwork, only 1/3 of the shareholders can block the approval of this deal...
we need 33 2/3 of the shares to block it!
Not 50%! That is good news... don't settle for cheap guys! Make them pay what they owe us!
that the requisite
and sole approval of the Arrangement
Resolution will be (i) 66% of the votes cast on the Arrangement Resolution by CobalTech Shareholders present in person or represented by proxy at the CobalTech Meeting voting together as a single class; and (ii) if requiredunder Applicable Law, a simple majority of the votes cast by CobalTech Shareholder on the Arrangement Resolution excluding the votes for CobalTech Shares held or controlled by “related parties” and “interested parties” as defined under MI 61-101;