Post by
goldhunter11 on Mar 29, 2018 10:10am
AZX NR of 28 March 2018
Folks,
To clear up some potential confusion about this NR, the link below came from AZX website. The contact person for additional info is Ian Robertson, Exec VP, Com Strategy at Kingsdale. AZX has hire Kingsdale as their Adviser. Expect to hear more from Ian.
https://www.azx.ca/alexandria-minerals-sets-the-record-straight-on-eric-owens-termination-and-unauthorized-financing-scheme/
Some initial comments.
- scattering with lots of additional details, but
- not clear enough to decipher if the other offer(s) would be just from one company, or the best of several companies.
- The mysterious Mr. Palikrousis: was beneficiary of EO equity financing. Also brother of the recently terminated VP (guess who).
- There is a phase near the end of page 2: " While there can be no assurance that the company will pursue or execute any specific action, or transaction...." What does this mean?
(a) take EO to court in a counter suit?, (b) interim financing via PP, or accelerate wt exercise, for some small amount?
GH
Comment by
goldopportunity on Mar 29, 2018 10:44am
Her GH -- in reference to that phrase, I read it as negotiation 101. As there are negotiations on a potential number of fronts, you never show your hand to the other side. Keep it vague....keep the other side guessing. Jmvho. goldopp
Comment by
mal297 on Mar 29, 2018 12:20pm
" While there can be no assurance that the company will pursue or execute any specific action, or transaction...." This is boilerplate leagal speak. It has been at the end of any news release related to the special committee. It is AZX appropriately covering its butt. Can't read much of anything into it.