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Bullboard - Stock Discussion Forum Noranda Income Fund Unit NNDIF

Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.

OTCPK:NNDIF - Post Discussion

Noranda Income Fund Unit > Holy Sweet MFA - Finally major shareholders are stepping up!
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Post by ZincDink on Nov 24, 2022 11:50am

Holy Sweet MFA - Finally major shareholders are stepping up!

Can't believe it....but its true. Finally, going to try and get a board that works in favor of all owners, not just the one
Comment by schocor on Nov 24, 2022 12:48pm
Here here. Not only that, these shareholders have a plan to out the new directors in place. i suspect most people pledging their shares on this board last week will support this proposal- myself included.  Noranda is now "in play". While i appreciate the qualifications of the proposed directors and believe rhey would improve operations, i suspect that this might be the trigger for ...more  
Comment by JCW on Nov 24, 2022 12:57pm
Good news indeed!! Happy Thanksgiving to our FLA investors and many thanks to our very qualified legal  folks out west for providing some real muscle that is, unfortunately, necessary.  Best wishes for success in your efforts!!
Comment by Scotch12 on Nov 24, 2022 2:45pm
I guess we now know why the share price had been moving up. Happy get rid of the useless independent board day, to those who celebrate. Could a new board fire the current managment, that would also be great?
Comment by yureja28 on Nov 25, 2022 1:17am
This post has been removed in accordance with Community Policy
Comment by Eric1212 on Nov 24, 2022 12:49pm
Just in case of : https://www.newswire.ca/news-releases/noranda-income-fund-investors-requisition-special-meeting-to-align-board-with-unitholder-interests-872534046.html     I will vote in FAVOR of this proposition. I invite everyone to do so.
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