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QMX Gold Corporation V.QMX

QMX Gold Corp is a junior exploration company. It is engaged in mineral exploration and evaluation properties in the province of Quebec. The Company is focusing on the exploration and evaluation of its gold and base metal projects within this region. It is also focused on the Val d'Or mining camp in the Abitibi District of Quebec. It holds the Aurbel property and holds a 100% interest in the VMS properties.


TSXV:QMX - Post by User

Comment by PappyGalloon Feb 08, 2021 2:46pm
289 Views
Post# 32503278

RE:ELD, want close the TRANSACTION in late march / early april

RE:ELD, want close the TRANSACTION in late march / early april Folks,

I received a response back from the Ontario Securities Commission.  They have sent it for futher review.  They also sent a copy of the letter to the BC Securities Commission.
Here is there response:

Thank you for your complaint to the Ontario Securities Commission (OSC) concerning the acquisition of  QMX Gold Corp. (QMX) by Eldorado Gold Corporation (Eldorado). You would like to know what rights you have as a shareholder. I appreciate you contacting us with your concerns.

Principal Regulator and Reviews
QMX is a reporting issuer in Ontario and the OSC is its principal regulator.

I thoroughly reviewed your email and have forwarded the information you provided to the appropriate branch of the OSC for further review.  Their review of this matter will focus on potential violations of Ontario securities law, primarily about disclosure.  Please note that regulatory reviews are conducted confidentially.  Any issues that staff may identify will be addressed with the issuer directly.  However, any information that can be made public is posted on the OSC website (OSC Proceedings).

Eldorado is a reporting issuer in Ontario.  However its principal regulator (PR) is the British Columbia Securities Commission (BCSC).  I have also copied the BCSC on your complaint. If you wish to follow-up with the BCSC, their contact information is available at this link:
https://www.bcsc.bc.ca/About_Us/Contact_Us/ 

Corporate Law
In addition, it is important to keep in mind that generally, matters relating to the duties of the board of directors and management of the company, fall under corporate law.  

Legal Advice
As a shareholder, if you are interested in finding out whether or not you have options under civil law, you may wish to speak to a lawyer in your home jurisdiction.

If you have questions relating to any of the information in this email, please do not hesitate to contact me at one of the numbers below.


Sincerely,


Juliet Persaud
Lead Inquiries Officer
Ontario Securities Commission
inquiries@osc.gov.on.ca
416-593-8314
1-877-785-1555
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