OTCPK:NOSOF - Post by User
Comment by
lou64on Aug 11, 2021 4:31pm
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Post# 33686544
RE:TD all day
RE:TD all dayTD is buying on behalf of BHP ... They are mopping up loose shares to gain their collective percent because they have a lock down agreement with Coutts and Co for their shares ... you dudes can not figure out much and have a lack of understanding of what is taking lace ... TD is playing with KWG and is also buying up shares
If you do not tender your shares and BHP pulls the plug then Noront ( OWES ) BHP a break up fee for said deal not going threw for 13 Million USD
SoBHP has Noront over a barrel and that is why Coutts pimps for you to tender your shares or Noront owes more money
LMFAO @ naive investors
The Offeror is entitled to a termination payment of C$13.0 million (equal to 4.0% of the total equity value of the transaction based on 100% of the fully diluted shares outstanding) if the Support Agreement is terminated in certain circumstances, including if Noront enters into an agreement with respect to a superior proposal, or if the Board of Directors of Noront withdraws or modifies its recommendation with respect to the Offer.