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Balmoral Resources Ltd BALMF

Balmoral Resources Ltd is an exploration stage mining exploration and development company. It is engaged in the acquisition and exploration of gold and base metal properties in Canada. The principal focus of the company's exploration activities are the properties comprising its Detour Trend Project in Quebec.


OTCQX:BALMF - Post by User

Comment by shnepson Apr 06, 2020 8:45am
174 Views
Post# 30882151

RE:BAR Mgmt Information Circular for Meeting

RE:BAR Mgmt Information Circular for MeetingSo, we finally get an idea as to when the "effective date/time" will be - 

Q: When will the Arrangement become effective?

A: The Arrangement will become effective on the Effective Date which is expected to be on or about, May 22, 2020, if the Arrangement Resolution is passed and all conditions and approvals are met and received.

This will be the time whereby the arbitrage will become no longer applicable. All trading arbitrages between now and then are really not relevant. Not until the Wallbridge and Balmoral shareprice is established , at that time.
Cheers
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