RE:RE:RE:RE:All proposals have been approved by the shareholders. Thanks for clarification, well we won't make any money on this beacause unless they start the mine, QPM can't stay at 0.61 cents..i hope i'm wrong!
StockscoutX wrote: At Damnre. Here is my calculation according to my understanding :
If you have 100000 shares of Matamec, you will end up with 6474.86 shares of QPM shares.
Formula: (Matamec shares) X 0.064748633 = (QPM shares)
The consolidation is based on a 3 cent Matamec share and plus a premium of about 32%.
QPM shares would be valued at 61 cents a share at market open.
All in my opinion.