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MINFOCUS EXPLORATION CORP V.MFX

"Minfocus Exploration Corp is a Canada-based company. It is involved in industrial metals and minerals business sector. The company is focused on the advancement of a portfolio of zinc projects in British Columbia. It mines for zinc, platinum, and nickel minerals. The company’s project consists of Coral zinc project, Peregrine project, Myst Metals Nickel project, and Nipigon Reefs PGE project. It operates only in Canada region."


TSXV:MFX - Post by User

Comment by GenHandgrenadeon Jan 22, 2018 2:48pm
56 Views
Post# 27410240

RE:RE:RE:Good Volume

RE:RE:RE:Good VolumeLook back at recent news. There was a deal proposed which would have diluted existing shareholders and effectively resulted in a reverse takeover of MFX by a group. The board rejected the proposal and Harper the major shareholder (41% or so) and his buddy Howlett quit the board. This may be Harper, Howlett and the group trying to get the last 10% then take the company. Or it may be the rest of the board and their friends buying shares to pre-empt the Harper, Howlett and group. If there is a hostile take over going on they have to make the same offer to all the shareholders. Those that have sold already may be out of luck.
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