Victoria Gold Corp VITFF

Agreements and Support Agreements

[slamdunk]

Orion has agreed to support Coeur with its shares remaing that is 19.8% of Victoria and use its influence with Board for Coeur needs over 50% In return Coeur will return 75% of the spread between Orion selling them 11,067.714 at 3.20 and  they have over 50%....That gives Coeur control after 50% of Board agrees.This deal was done before Orion sold Coeur  their Victoria  shares.John OConnell stated he didn't know about this till morning of release.Their Share rights don't trigger unles acquier doesn't meet Bidders price.Everything is pointing June 23 and 50% of Board accept the bid. Orion has inagreement and Support Agreement agreed that the 75% of spread Coeur can pay with shares and its 300million share cieling c-the balance owed with cash.
John McConnel wants to max the shares -he owns 1%.Roosen is on Board to protect Osiskos past position and has announced he is resigning to pursue other interests.

With Orion committed shares that gives Coeur a 36% and they need over 50%..

So unless Coeur announces raising 
 its outstanding share limit
Orion gains back 75% from the 13.20 paid byCoeur for 11.067,714 .Coeurs sharescan be used if they reach their limit of 300million the balance in cash. a

The Agreement and Support Agreement is up on Couer website under SEC Filings May 10 Agreement and Support agreement alot of legaltse i read about 10 times
Victorias Shareholder Rights  Plan never gave bidders price is used to get acquierer to table.

Andre -has a valid point on the possibility of Kensington sale or a  partnership venture on Preciosa..Or  notes backed by Eagle mine  Orion Mine Finance may have some role as well as Osisko Royalty