TSXV:FCO.H - Post by User
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17Diggeron Jun 06, 2019 8:16pm
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Post# 29804405
Our Management is getting Jervois options
Our Management is getting Jervois optionsOn June 6, 2019 Jervois posted a press release announcing it has received Australian ASZ exchange waiver to allow to all holders of Ecobalt options to exhange them for Jervois share options.
Without the waiver the Ecobalt option holders would have had to exercise their share options within 3 months of a merger but now that time limit has beenextended to 8 November 2023.
I suppose this will ease our mangement's pain of agreeing to sellout the company by getting 17,715,225 shares in JRV for their options that were granted to them to do a great job for theri employer, Ecobalt.
You can read it at https://stockhouse.com/companies/bullboard?symbol=ecsif&replyto=0
What did our management do to earn this? Do you think they will try to claim compensation for a change of control too, even though they supported it? As a shareholder I think this is enough to gag a maggot.
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