RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Thirteen Million SharesThe Canadian Securities market is highly unregulated. Within Canada, every province has its own rules. Here is what UMIR states:
For further clarification, reference must be made to the securities legislation of every jurisdiction in which the issuer is a reporting issuer or equivalent.
In my opinion, there is no question that M&B are significant shareholders but, it appears as if such a question would need to be addressed by the markets regulatory board or, the courts, if it ever came to that.