OTCPK:GBGPF - Post by User
Comment by
MartialArtson Mar 14, 2018 1:32pm
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Post# 27714515
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Mar 9 - Notice of Change now on Sedar
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Mar 9 - Notice of Change now on Sedar
There is a difference between "tender" and "take up". The tender is a commitment you make to give up your shares. They are committed to Aurora unless you "untender" them. But beware of tendering and untendering: My friend and I have seen cases where they get "confused" and the only saving grace here is to have the rep's name, confirmation number, date and shares/account in question. It's a disgrace how this is being run.
The shares don't belong to Aurora unless they are "locked up" with agreements or once once they have "taken up" the shares which will happen "as soon as possible" after March 25th.
Large shareholders get "locked up". They not only tender them but they sign the lock up agreements. See the example on SEDAR.
Be aware you cannot trade tendered shares unless you untender them and not all brokerages will allow you to untender them or tender newly acquired shares.
It's a giant mess.