RE:RE:RE:RE:RE:RE:RE:Not a done deal.What about this? (Bold yellow highlighted text)
- That the requisite approval (the “Required Approval”) for the Arrangement Resolution shall be: 66% of the votes cast on the Arrangement Resolution by the Company Shareholders present in person or represented by proxy at the Company Meeting, and to the extent applicable;
- Each Common Share entitled to be voted at the Meeting will entitle the holder to one vote at the Meeting. In order to become effective, the Arrangement Resolution must be approved by at least 66 2/3% of the votes cast by holders of Common Shares present in person or represented by Proxy at the Meeting. In addition, the Company will seek approval of the Arrangement Resolution by a simple majority of votes cast by holders of Common Shares, where Common Shares owned by either Steven Michels or Thomas Marvin, both directors and officers of the Company, or over which they have voting control, will not be counted.
- Steven Michaels 46,817,626 (37.81%)
- Thomas Marvin 18,978,196 (15.33%)