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Orecap Invest Corp V.OCI

Alternate Symbol(s):  ORFDF

Orecap Invest Corp. is a Canada-based company. The Company seeks special situation investments in the natural resource sector that offer diverse exposure to high returns on precious and critical metal assets and businesses. The Company has equity positions in portfolio companies, such as American Eagle Gold Corp., XXIX Metal Corp., Mistango River Resources Inc., and Awale Resources Limited, in addition to owning a portfolio of land packages focused on gold, copper and zinc. American Eagle Gold Corp. is focused on advancing its NAK property located in the Babine Copper-Gold Porphyry district in central British Columbia. Mistango River Resources, Inc. owns two flagship properties, such as Kirkland West and Omega project. Awale Resources Limited is a mineral exploration company focused on the discovery of large, high-grade gold and copper-gold deposits. XXIX Metal Corp. is focused on advancing both its Opemiska and Thierry Copper projects.


TSXV:OCI - Post by User

Bullboard Posts
Comment by paulindoonon Oct 02, 2019 11:58am
78 Views
Post# 30187491

RE:RE:RE:MISTANGO NEWS RELEASE - UPDATE JUST OUT

RE:RE:RE:MISTANGO NEWS RELEASE - UPDATE JUST OUTThe “proper” order of events is that ORX challenged MIS earlier refusal to report the voting resulting from the 19 Sept meeting!
Pls Reread ORX release from: https://www.orefinders.ca/september-11-2019/

couple excerpts: 
The meeting was convened as scheduled at 10AM and began with meeting scrutineer, TMX Group, announcing that 82% of Mistango’s outstanding shares have been voted and accounted for. Immediately following this, Mistango and meeting Chairman Donald Kasner abruptly adjourned the meeting thereby cancelling the shareholder vote.
For clarity, before adjourning the shareholder meeting, Mr. Kasner and Mistango’s Board of Directors were fully informed of the results of the shareholder vote. They then cancelled the shareholder vote citing that 82% of shares represented was not sufficient.  We note that in Mistango’s June 29, 2017 Annual General Meeting, only 39.6% of shareholders voted, which was accepted given that the results were in favour of current management.l
........
Given the undemocratic nature of Mistango’s shareholder meeting, where shareholders’ best interests were once again neglected, Orefinders will continue to fight for all shareholder rights, including taking legal action, to ensure that the votes validly cast for today’s meeting remain as they are and are not tampered or altered in any way.”


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