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Alabama Graphite Corp. Com ABGPF



GREY:ABGPF - Post by User

Comment by Realist2018on Jan 15, 2018 8:08pm
219 Views
Post# 27363996

RE:RE:RE:RE:RE:RE:RE:Proper Valuation and exchange

RE:RE:RE:RE:RE:RE:RE:Proper Valuation and exchangePurveyor, if you don’t like the deal and WWR shares do not appeal, read Westwater’s Proxy Statement, a Preliminary version of which is posted at this link: Preliminary Proxy Statement
 
Per this, one of the conditions to the arrangement becoming effective is that no more than 5% of CSPG’s I/O shares exercise their dissent rights.  Those rights might be described here:Right to Dissent
 
And also, you might be comforted that CSPG seems to have a steep hill to climb for approval.  According to the Preliminary Proxy, at the proposed March 30 meeting the deal must be approved by ”at least two-thirds of the votes cast on the resolution by Alabama Graphite shareholders present in person or represented by proxy at such special meeting”. 
 
Insiders have locked their 4.28% to a yes vote; however that leaves more than 62% to convince. 
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