Argex Titanium Inc. ARGEF

Class action...letter from Argex55

[turr]

Argex Shareholder <[e-mail]>

To:Argex Shareholder

 

Jul. 10 at 6:37 p.m.

 

To Argex Shareholders, 

A shareholder has been in contact with Mr. Jordan a Trustee with Price Waterhouse Coopers (https://www.pwc.com/ca/en/services/insolvency-assignments/argex-titane-inc--argex-titanium-inc.html). He advised that shareholders should seek the aid of the AMF and/or legal counsel.

The AMF, which is the organization responsible for financial regulation in the Canadian province of Qubec, is lending a sympathetic ear to Argex shareholders. It has been expressed to a shareholder that the more emails they receive the better. Please email [e-mail] and put it to the attention of Mr. Richard Gelinas. In the email express your concerns about management’s actions and detail any information or evidence in your possession that supports our collective concerns.

Also to update you on the call that was hosted last week. To date, we have received one expression of interest to participate in a group willing to fund the legal action that was proposed.

It clearly will not move forward unless a group of others step up to fund the initial $40,000 cost for the legal action. If you are interested in participating, please respond to this email. To respond isn’t a commitment. We will give a deadline of this Friday, July 12 for expressions of interest. 

[TrueCanuck1]

I guess nobody here has $40 k to fund this because we are all broke due to RGX.