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TomaGold Corp V.LOT

Alternate Symbol(s):  TOGOF

TomaGold Corporation is a Canadian mineral exploration company engaged in the acquisition, assessment, exploration and development of gold, copper, rare earth elements and lithium projects. The Company is focused on consolidating the Chibougamau Mining Camp in northern Quebec. In addition to the agreements to acquire 13 properties in the camp, the Company holds interests in five gold properties in the vicinity of the camp: Obalski, Monster Lake East, Monster Lake West, Hazeur and Doda Lake. It also owns a 100% interest in a lithium property and in the Star Lake rare earth elements property, located in the James Bay region of Quebec, as well as a 24.5% interest in the Baird property, located near the Red Lake mining camp in Ontario through a joint venture with Evolution Mining Ltd. and New Gold Inc. The Obalski property consists of about 74 claims covering a total of 2,740 hectares (ha) and lies three kilometers (km) south of Chibougamau, Quebec.


TSXV:LOT - Post by User

Bullboard Posts
Comment by labrador6on Jan 29, 2019 6:59pm
84 Views
Post# 29293520

RE:Why is trading LOT halted ?

RE:Why is trading LOT halted ?In the PR ''Further details of the spinout and arrangement will be provided in the management information circular to be mailed to shareholders of TomaGold and filed on SEDAR in connection with the meeting of shareholders to be held to approve the transaction, currently planned for the spring of 2019. When they said '' currently planned for the spring'' for me it means the meeting already planned for March 8 In the PR ''Trading in the common shares of TomaGold is currently halted and is expected to remain halted pending preparation by TomaGold of a management information circular for a special meeting of shareholders to consider the transaction, at which time TomaGold may request a reinstatement of trading'' Thus, for a major deal like this, I suppose that the documents will be mailing to shareholders at least 2-3 weeks before the meeting on March 8. I suppose mid-february for the documents and the resume halt at the same time cause pretty sure that they worked on documents to be mailed to shareholders since weeks (or months)
Bullboard Posts