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UEX Corp T.UEX


Primary Symbol: UEXCF

UEX Corp is an exploration and development company. It is engaged in the exploration and evaluation of its mineral properties located in the province of Saskatchewan. The company's projects include the Hidden Bay Project, Horseshoe-Raven Project, West Bear Project and others.


OTCQB:UEXCF - Post by User

Post by NewCoreFishon Jun 16, 2022 9:48pm
190 Views
Post# 34763291

Real concerns with this deal, shorten timeliness etc

Real concerns with this deal, shorten timeliness etcCanadian take over law clearly states that all offers of takeover/merger must remain open for 105 days. Companies can apply for a shorter window why is UEX BOD trying to rush this offer through in 60 days??? This deal does have some upside down the road however as it's stand it's not that wonderful for UEX shareholders, they value our pounds of uranium far less than their own?? I have concerns and it seems like the BOD and management are trying to shove this deal down our throats, why??? Is the fact that management are being offered jobs at the new company??? We all know that Roger isn't great at doing his due diligence.... I will be voting No and encourage my fellow shareholders to do the same until UEC ups their offer or another bid comes in. Without a restructured deal I will be writing to the canadia of securities administrator about my concerns about the rushed deal and shorten timeliness of less than 105 days I will also voice my concern that UEX shareholders will recieve less value per pound of Uranium that any of its peers currently valued for a company of similar canadiand resources of uranium. Slow down Roger eating until September to close will be better for UEX shareholders!!
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