RE:RE:RE:THEY DONT HAVE THE VOTE TO MOVE FORWARDIf you read carefully the circular, you will notice that it will cost 361,000.$ to fire David McDonald because of his long term contract with Axe. According to many posters, he does not deserve that money, but a contract is a contract.
I think there is a better way to get rid of him - go to page 44 and 45 of the English circular :
Pursuant to the exploration management agreement entered (into between the Corporation and Ressources Lutsvisky Inc., a privately held corporation owned by the CEO, David Mc Donald, the Corporation agreed to pay the sum of $211,300 if it terminates, unilaterally, its exploration management agreement with Ressources Lutsvisky Inc.. Also, pursuant to the management consulting agreement entered into by the Corporation and Ressources Lutsvisky Inc., the sum of $150,000 will be payable if the Corporation unilaterally terminates the management consulting agreement. On September 26, 2018, 343,750 Common Shares (post-Transaction) at a value of $0.80 per Common Share post-Consolidation (0.05$ per Common Share pre-Consolidation) for a total consideration of $275,000 were issued in connection with a settlement of debts with these related parties.
I promote the deal, not David McDonald. Will Terranueva will do better than Axe, this is my belief.