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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Comment by sailor8on Nov 26, 2021 5:34pm
147 Views
Post# 34170963

RE:70.85% = Quite narrow "YES" vote result at Kirkland Lake

RE:70.85% = Quite narrow "YES" vote result at Kirkland Lakeups, sorry, better full quote: 
...186,840,773 Kirkland Shares, representing approximately 70.85% of the issued and outstanding Kirkland Shares as at the record date, were voted at the Meeting. The Kirkland Arrangement Resolution was approved by 150,681,106 Kirkland Shares or approximately 80.65% of votes cast...


So 80.65 % against needed 66.66 % in the cast box. 

From all the outstanding 263.7 million KL shares only 150.7 million shares voted with "Yes". What is only 57.1 % !!! of the outstanding shares which voted with a "YES". 

But as so many KL share owners did not vote the deal came throug cause only the votes casted are basis for the decision. 

Watch: this demonstrates how important it is to vote. And to vote with "NO" in our case, when it comes to the voting.

Every not sent out vote will be also in our case an indirect shameful "YES" vote !
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