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Bullboard - Stock Discussion Forum Alexandria Minerals Corp ALXDF

Alexandria Minerals Corp is a Canadian based gold exploration and development company. Its project consists of Orenada, Akasaba, Sleepy, Manitoba and Ontario properties together with the Other Quebec properties. It is mainly focused on exploring the cadillac break property which is located in Val-d'Or, Quebec. The cadillac break property consists of approximately 21 contiguous projects of over... see more

GREY:ALXDF - Post Discussion

Alexandria Minerals Corp > I DONT WANT CHANTRELL
View:
Post by Goodbadandugly on Jun 27, 2019 9:30am

I DONT WANT CHANTRELL

Why would Azx mgmt raise the "break fee"?!  It seems counter-productive!!
Comment by mal297 on Jun 27, 2019 9:37am
They didn't.   Chantrell did and AZX accepted it.
Comment by Goodbadandugly on Jun 27, 2019 9:42am
Yes chantrell raised it, but obviously they want Azx badly, so I still dont understand why mgmt would accept that?!  It appears that mgmt is playing favorites. 
Comment by mal297 on Jun 27, 2019 9:55am
Don't they have an obligation to SH to accept it if the entirety of the offer is superior to the AEM bid?