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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
Post by eagle35on Aug 08, 2019 9:00pm
111 Views
Post# 30009096

Unfortunately it seems that we are not trading anytime soon

Unfortunately it seems that we are not trading anytime soon Unfortunately it seems that Lot won’t be trading anytime soon. It sounds like they are still negotiating terms an conditions with TSX. It feels like this may take few more months, unfortunately my patience is running out. 
Here it’s today’s text message from our fearless leader : 
Me : I guess, having a special shareholders meeting in August it’s not going to happen. You told me, you were pretty confident that the meeting will take place in August. There has to be something really wrong with this spin out for TSX not to approve it. 
David : Please stop extrapolating ideas when you don’t have the facts in your hands. We are working to get this best conditions possible. For example.... just an example... what is the good for us if tsx impose a 3 or 5 for 1 reverse split ( this not a fact, but an example) there is the transaction to approve yes... but also conditions of relisting. I won’t go over all possible scenarios, but it’s not just file a paper, post a check, stamp stamp and it’s a go! 
Bullboard Posts