Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Iron Brdg Res Inc. OEXFF

Energy Oil & Gas E&P
"Iron Bridge Resources Inc is a Canada-based company. It is a crude oil and natural gas exploration, development and production company. Its project consists of Elmworth. The company receives maximum revenue from the sale of petroleum and natural gas."


OTCPK:OEXFF - Post by User

Iron Brdg Res Inc. > So now what?
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by CageyOilon Sep 11, 2018 1:10pm
162 Views
Post# 28598331

RE:RE:So now what?

RE:RE:So now what?If you don't tender then at the not yet specified closing date (and the deal is approved by shareholders) your shares will automatically be converted to cash to tune of .845. I think with no trading fee but not 100% on that.
There is a theoretical possibility of a competing offer but mgmt is now likely bound by various agreements to not solicit other offers, and there will be break fees I believe as well. Day before yesterday was the time for the white knight to show, and they didn't (but velvet improved their shade.)

If you're itching to reinvest I'd just sell your shares, if uncertain just sit on them until close. You might give up a half cent a share if you don't wait.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities