Post by
dalesio_98 on Sep 16, 2020 2:59am
Edda - 2nd offer announced at press conference
Edda - 2nd offer announced at press conference on September 15, 2020 by Nemaska Shareholder Group Chairman Alain Clavet. -- Furthermore Nemaska Shareholder Group also submitted a request to Nemaska board to convene a Special Shareholders Meeting (SSM). -- Nemaska board will refuse to hold an SMS, upon receiving rejection letter, we will initiate funding and convene the meeting.
Comment by
Tcheck on Sep 16, 2020 8:02am
love you ts there more meat on the bone you throw us $ can you elaborate
Comment by
dalesio_98 on Sep 16, 2020 12:54pm
Edda (European group) offer $300M with bank proof provided, with possibility to $500M. Private placement of 77%, apply to get back on TSX. -- Definite dilution, with rightful owners of the company included. Hopefully a shareholders rights offering. -- Uphill battle, Judge Gouin acceptance of Edda offer received after legal SISP deadline which was June 30th extended to July 10th.
Comment by
bigkagan on Sep 16, 2020 10:15am
we must drag this thing out with lawsuits as long as possible so that we get a better deal with shareholders included
Comment by
mick1888 on Sep 16, 2020 1:21pm
Tfunds we are getting nothing anyway, so what have we to lose? And if the scoundrel bunch (IQ / Orion / PL) get p!$$ed off - GOOD. Maybe it would open the door for Bid B...... ;-)
Comment by
dalesio_98 on Sep 16, 2020 1:54pm
During yesterday's interview with Minister Fitzgibbon, his political advisor and press secretary & myself Lorenzo D'Alesio, Alain Fournier and Claude Domaine - Minister Fitzgibbon said we will see him in court.
Comment by
bigkagan on Sep 16, 2020 2:22pm
EDDA could have bought all the shares of NMX back in the winter for $200 mil. while they were still trading at 25 cents. We have to get NMX shares trading again so that somebody could make an offer