OTCPK:NOSOF - Post by User
Comment by
DoctorAuricon May 31, 2021 11:06pm
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Post# 33301224
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:DON"T SELL YOUR SHARES
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:DON"T SELL YOUR SHARES Ok you're right about the percentage, my bad.
https://www.ic.gc.ca/eic/site/cd-dgc.nsf/eng/cs06644.html
Special resolutions
Special resolutions must have the approval of two thirds of the votes cast. For example, shareholders usually carry out the following actions by special resolutions:
- make fundamental changes (for ex., amending the corporation's name; amending the articles regarding such matters as the province of registered office; restrictions on share transfers; restrictions on activities; and changes involving such matters as amalgamation, dissolution and continuance)
- sell all, or substantially all, of the corporation's assets.