RE:RE:RE:RE:RE:It’s happening…maybe.Marp - and for an ethical Board of Directors and special committee to withdraw their support instead of being told by regulators what is obvious - that the arrangement transaction is now tainted by a faulty proxy solicitation, and the Rio Tinto offer of this arrangement is tainted substantively by a two-tier treatment to procure abstention in the vote by the two largest minority shareholders.
TRQ is colluding. I urge all minority shareholders to change any "yes" proxy by revoking the same, voting "no", and send a complaint to TRQ that they are failing to,protect your interests by not ensuring all minority shareholders are set to receive the same compensation.
This dissent and variable potential compensation for Pentwater and Sailingstone is a highly material fact that is not included in the proxy solicitation. It is also likley illegal secondary compensation. In any event the proper approach to support for a vote is not seeking abstentions prior to the vote, it is seeking a lock-up support to vote yes in consideration of the SAME a fundamental treatment.
Let TRQ know they can't stand aside, they have a positive duty to cause the bid to be stopped.
I sent them an email stating materially the same objections and urge all of my fellow shareholders to to the same.
cg