RE:RE:RE:RE:Is there any indication when the record date is going to beOk I just found the correction following their earlier news release of March 1st. This new one dated March 16th. In the News Release, Eagle Plains stated the following:
The record date for the Spin-out Transaction (i.e. the cut-off date for eligible EPL securityholders to receive a 1/3 spin-out share of Eagle Royalties) is expected to be March 17, 2023.
For clarity, only securityholders who hold Eagle Plains securities at the close of business on the record date (i.e., March 17, 2023) will be eligible to vote on the Spin-Out Transaction.
To further clarify, all Eagle Plains shareholders who hold Eagle Plains shares as at the effective date of the Spin-Out Transaction will be eligible to receive one-third (1/3) of a share of Eagle Royalties for each Eagle Plains share so held. Subject to obtaining requisite approvals for the Spin-Out Transaction, the effective date of the Spin-Out Transaction is expected to be in or around late April, 2023. Management regrets any confusion that may have resulted.
Ikurumba That's what threw me off, I was still going by the earlier press release. Whoops. No big deal as I still hold all my shares but that sure was confusing, especially if shareholders missed the second release or like me misread it.