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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: 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 > 7 0f 8 directors etc.
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Comment by schocoron Feb 15, 2023 11:35pm
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Post# 35288991

RE:RE:7 0f 8 directors etc.

RE:RE:7 0f 8 directors etc.Reading this again; it says glencore (purchaser ) has the right to NOMINATE the PROPOSED directors. Shareholders can write in directors. 

winning a write in vote when glencore owns 25% of the voting shares is no easy feat; but the ither side has at least 25% too. 

quite a corporate soap opera unfolding here. 
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