EXPM:HRTFF - Post by User
Comment by
BigIsBeston Jun 10, 2019 5:25pm
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Post# 29813151
RE:RE:Formal Offer to Purchase Delaying Everything ?
RE:RE:Formal Offer to Purchase Delaying Everything ?That is a very interesting comment justrelax: AGM delay....to provide required notice times.
You could take that to mean there will be additional resolutions for the AGM, possibly including a special resolution, for which 21 days notice is required i.e. by tomorrow or Wednesday.
A special resolution is required for the following:
However, the three-quarters (3/4) threshold is customary for substantial changes such as altering the constitution of the corporate entity, or some such other significant change. For example:
- A move of the head office;
- A proposal to amalgamate with another corporation;
- The sale of a substantial portion of the corporation's assets; or
- The dissolution or winding-up of the corporation.
Is there a news release coming? We will know within a day or two. GLTA.