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Iron Brdg Res Inc. OEXFF

"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

Comment by ditchdigger251on Sep 26, 2018 1:54pm
176 Views
Post# 28694672

RE:RE:RE:RE:What will happen to my shares now?

RE:RE:RE:RE:What will happen to my shares now?I talked with a Kingsdale advisor not long ago.  She told me that payment to IBR shareholders by Velvet will occur about 3 days after takeup up of tendered shares.  No specific takeup date was given but I imagine that they must make a decision to takeup by the date of the Oct 5th deal extension.  Having already 82% of shares tendered I imagine that takeup will be automatic since they can already proceed to a stage 2 force out.  
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