From the Ronin Update NR, Going Ahead With ItThe above actions are subject to a number of approvals including the TSX Venture Exchange, plan of arrangement to spin the entity out to our shareholders, and potentially shareholders approval. Datametrex will continue to provide updates to the market as the process progresses including information about the structure of the financing and transaction.
Some questions for the more smarter when it comes to these things and that aint me......I'm guessing this spin will have to underwritten by someone and a valuation placed on it to determine the amount of shares and such........Does the price of DM matter when the time comes to get Ronin active and our free shares in our hands, is higher or lower to their advantage or just doesn't matter.........