Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Benchmark Metals Inc. CYRTD


Primary Symbol: V.BNCH

Benchmark Metals Inc. is a Canada-based gold and silver company. The Company is primarily focused on the identification, acquisition, exploration and evaluation of mineral properties. The Company owns Lawyer’s Gold-Silver Project, which is located in the prolific Golden Horseshoe of northern British Columbia, Canada. The Lawyer’s Gold-Silver Project consists of approximately three mineralized deposits that remain open for expansion. The Company’s wholly owned subsidiary is PPM Phoenix Precious Metals Corp., which primarily holds mineral interests in British Columbia.


TSXV:BNCH - Post by User

Comment by Williyon Aug 14, 2020 4:05pm
112 Views
Post# 31410473

RE:RE:RE:What's next?

RE:RE:RE:What's next?If there were a buy-out offer for BNCH, the shareholders would vote on the proposal.  I don't know whether a 50.1% majority is sufficient.  That is a technicality that I don't remember.  Usually, the Board negotiates with a proposed buyer for the best available price.  Occasionally, a stronger buyer comes along with a higher offer.  If the buy-out goes through, the shareholders are paid out, and the company is absorbed by the acquirer.  (Once in a while, the offer is an exchange for some shares in the acquirer, so one is participating in the future.)  

If you have any other questions, you are welcome to use the in-box feature on Stockhouse.  My nickname is Williy (six letters).  It was supposed to be Willie, but in error, I typed a y at the end.   
<< Previous
Bullboard Posts
Next >>