Once more ..... an excerpt from Core Gold's October 15, 2019 news release .... https://www.coregoldinc.com/news-releases/2019/core-gold-announces-filing-and-mailing-of-directors-circular-in-response-to-the-unsolicited-takeover-bid-by-titan-minerals/ "The Strategic Review has resulted in several non-binding indications of interest. At the date hereof 17 parties have signed confidentiality agreements with Core in order to conduct due diligence activities. Nine parties have requested or conducted site visits. The Board of Directors considers that the continuation of the Strategic Review process and, in particular, providing sufficient time to interested parties to complete their due diligence activities and for the Board of Directors to evaluate their level of interest, is vital to identifying the transaction that is in Core Gold's best interests." Just a reminder to anyone who has read the posts of the following ID's who showed up on this forum around, or after, September 15 2019, the day that Titan Minerals announced their intention of putting in another offer for Core Gold's assets :
Tapps88, PIpes33, Twoscompany, kenny2dogs, joda007, LoveGod, Rogerram and perhaps one or two others
Some of these ID's have been removed by Stockhouse already, most likely because of the reprehensible content and ongoing defamatory comments towards Keith Piggott, some of
those posts disgustingly involving his family.
Rogerram, joda007 and LoveGOD posts appear to have been removed.
There has also been some information posted by the above listed ID's that could have only
have been sourced from an insider(s) of Core Gold. An insider(s) who has been, and continues
to be, blatantly supportive of the confetti paper that Titan offered us back in February, and
again with the, now 10:1 consolidated, confetti paper Titan is offering this time around.
Question : is there still a success fee of some type to be paid by Titan MInerals to someone
who is, or was previously, associated with Core Gold directiors and managament ?
https://www.bclaws.ca/civix/document/id/complete/statreg/96418_01
Insider trading, tipping and recommending
57.2 (1)In this section, "issuer" means
(a)a reporting issuer, or
(b)any other issuer whose securities are publicly traded.
(2)A person must not enter into a transaction involving a security of an issuer, or a related financial instrument of a security of an issuer, if the person
(a)is in a special relationship with the issuer, and
(b)knows of a material fact or material change with respect to the issuer, which material fact or material change has not been generally disclosed.
(3)An issuer or a person in a special relationship with an issuer must not inform another person of a material fact or material change with respect to the issuer unless
(a)the material fact or material change has been generally disclosed, or
(b)informing the person is necessary in the course of business of the issuer or of the person in the special relationship with the issuer.
(4)A person who proposes to
(a)make a take over bid, as defined in section 92, for the securities of an issuer,
(b)become a party to a reorganization, amalgamation, merger, arrangement or similar business combination with an issuer, or
(c)acquire a substantial portion of the property of an issuer,
must not inform another person of a material fact or material change with respect to the issuer unless
(d)the material fact or material change has been generally disclosed, or
(e)informing the person is necessary to effect the take over bid, business combination or acquisition.
(5)If a material fact or material change with respect to an issuer has not been generally disclosed, the issuer, or a person in a special relationship with the issuer with knowledge of the material fact or material change, must not recommend or encourage another person to enter into a transaction involving a security of the issuer or a related financial instrument of a security of the issuer.
Hopefully every long term shareholder on this forum has recognized the very similar sentiments that the above listed ID's have been posting on Stockhouse for the past couple of months, and the content of the repulsive April 3, 2019 news release issued by Core Gold on April 3 2019.
https://www.coregoldinc.com/news-releases/2019/core-gold-corrects-self-serving-false-misleading-defamatory-and-inaccurate-disclosures-made-by-its-former-ceo/ Core Gold mg't has failed to issue a news release giving shareholders the results of the
voting of directors at the AGM on October 8. Seems strange that Canada can have actual official vote count results of our national election within hours, yet this company chooses
not to inform shareholders of actual voting results ?
Why ?
Core Gold directors recommended that shareholders restrict the number of board seats to 5.
Why ?
Any company(s) proposing to invest a significant stake into Core Gold would most likely want a board seat or two.
Shareholders trust that some Core Gold director(s) will do the right thing and voluntarily resign from their seat(s) for the betterment of the company and the shareholders, if a board seat, or two, is a requirement with any suitor(s) potential offer(s) .
The TSXV rescinded their initial approval of the retructuring of the Vertex One promissory notes on September 13. Two month later, the TSXV has yet to approve of the amendments to those promissory notes. ..... Does it have something to do with certain individuals at Titan MInerals and Core Gold that have problems interpreting a calendar ?
Also keep in mind, Titan MInerals would have approximately 722 million shares this time around if Core Gold shareholders did tender to Titan, and then Titan would have to raise money, as no cash is involved with their current offer .... Titan could easily see 1 Billion shares once more.
Titan has already consildated their shares earlier this year on a 10:1 basis, and Titan currently has about 296 million shares outstanding.
DO NOT TENDER YOUR SHARES TO THE TITAN MINERALS OFFER.
GLTA