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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Post by abcdefghijklmn1on Jan 14, 2022 8:08pm
385 Views
Post# 34319456

One of my favorites in the scam

One of my favorites in the scam"No fractional Newcrest shares will be issued, nor will any cash consideration that includes a fraction of $0.01 be paid, to any Pretivm shareholder in connection with the Arrangement. The number of Newcrest shares to be issued to any Pretivm shareholder will be rounded down to the nearest whole Newcrest share and no cash consideration shall be paid in lieu of the issuance of a fractional Newcrest share."

using .8084 as multiplier, who won't end up with a partial share? Times $18.50 will end up in a rather large skim to Newcrest's benefit 
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