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Noranda Income Fund Unit NNDIF

Metals & Mining Industrial Metals & Minerals
Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.


OTCPK:NNDIF - Post by User

Noranda Income Fund Unit > AMF
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Comment by Eric1212on Jan 10, 2023 1:03pm
118 Views
Post# 35213767

RE:RE:RE:AMF

RE:RE:RE:AMF

Actually, 22 / 100 (The big group) less 25 / 100 (Glencore) meaning 22 / 75 then reported to percentage, it's 29.33 / 100 of minority shareholder. That just plain mathematics.

The issue here is more the 2 M$ fees than the vote to be honest.

Action noranda have about 5-10 % of minority shareholders in extra... That where the 40 % come from.

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