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Bullboard - Stock Discussion Forum Katanga Mining Ltd Ord KATFF

Katanga Mining Ltd, through its subsidiaries, is engaged in copper and cobalt production activities in the Democratic Republic of Congo (DRC). Specifically, the company explores and develops properties with potential copper and cobalt yields operate mining and processing facilities that produce copper and cobalt and holds a portfolio of other mines that may be developed in the future.

OTCPK:KATFF - Post Discussion

Katanga Mining Ltd Ord > rights offering is subject to regulatory approval
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Post by Sogosohubidu201 on Nov 09, 2019 4:22pm

rights offering is subject to regulatory approval

Rights offering is subject to regulatory approval, and it has not yet been approved. File compaints before market open next Monday is important. Let's try it and we have nothing to lose.
Comment by shotfac on Nov 09, 2019 4:57pm
Hi Sogosohubidu201, Can you offer us an example so we can all use that for the complain section: Provide a detailed description of your complaint. Include key dates. (This is a required field.) I have not that expertise, please provide us with an example and we can all use it to send to the OSC OSC Make a complaint
Comment by Sogosohubidu201 on Nov 09, 2019 5:47pm
@ shotfac : a draft example and need to revise: Katanga Mining issued a news release on November 7 for 15 to 1 rights offering that had caused the Katanga share price to drop more than 50% in 2 days of November 7 and 8. The 15 to 1 rights offering is forced destruction of equity with intent to wipe out the remaining minority shareholders since majority of them can not afford to participate in the ...more  
Comment by Zamboni99 on Nov 09, 2019 6:28pm
Can I just copy and paste that and say something to the effect that I am a concerned minority shareholder who stands to lose my investment and that I concur with the above?
Comment by Sogosohubidu201 on Nov 09, 2019 6:34pm
@Zamboni 99, I think so. You can copy it.
Comment by shotfac on Nov 09, 2019 8:34pm
THx Sogosohubidu201, greatly appreciated
Comment by islandrunner123 on Nov 09, 2019 8:43pm
I noticed the undisclosed offer by broker 7 (TD)
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