RE:RE:RE:RE:RE:RE:RE:RE:RE:lol CRE is gonna get the permit and have a -5% day, classic!Item #2 to keep you up at night
TORONTO and FUJIAN, China, Oct. 8, 2021 /CNW/ - Zijin Mining Group Co., Ltd. ("Zijin") (SSE: 601899) (SEHK: 2899) and Neo Lithium Corp. ("Neo Lithium" or the "Company") (TSXV: NLC) (OTCQX: NTTHF) (FSE: NE2) are pleased to announce that they have entered into a definitive agreement (the "Arrangement Agreement"), pursuant to which Zijin has agreed to acquire all of the outstanding shares of Neo Lithium (the "Transaction") at a price of C$6.50 per share (the "Offer Price") in cash. The Offer Price represents a premium of approximately 36% over Neo Lithium's 20-day volume-weighted average price ("VWAP") as at October 8, 2021 on the TSX Venture Exchange ("TSXV"). The total cash consideration for all of the outstanding equity of Neo Lithium is approximately C$960 million.
Yes this happened
What would that 36% buyout price be right now for CRE ?
Please don't say this could never happen.
Sweet dreams.