GREY:ABGPF - Post by User
Comment by
Realist2018on Feb 09, 2018 10:43pm
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Post# 27537575
RE:Puzzled
RE:PuzzledAs I understand, the circular is a required Canadian filed and mailed document issued by the CEO, CFO and directors to advise shareholders in good faith as to the takeover bid. Though the clock has been running a long time, the circular is the beginning of the shareholder decision process to accept, decline or dissent in favor of receiving fair value in lieu of taking Westwater shares.
The delay may be due to the end-of-year holidays the change of the CEO and CFO, and/or other reasons, all impossible to speculate without information from CSPG.
For its part, Westwater filed a preliminary proxy statement addressed to its shareholder on US SEC EDGAR on January 12.