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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 > I am Set up for Call with Independant Directors-Do the Same
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Post by schocor on Jan 09, 2023 4:07pm

I am Set up for Call with Independant Directors-Do the Same

This morning, I sent an email to Mark Einarson (below) asking to speak to independant diectors about this propsed sale. 

Very quickly (within 3 hours) I received a call from kingsdale advisors asking about my availability this week for a call to discuss the sale with independant directors. I have to say I was impressed with THAT part of this sale. 

I will suggest everyone who cares to do the same; the kingsdale rep said they will set these calls up for independant shareholders and that the follwoing address was the best way to request a meeting be set up:

kingsdaleadvisors.com

Good afternoon Mr. Einarson
 
I am currently a shareholder of Noranda Income Fund. With regards to todays announcement of a sale (or proposed arrangement) between the fund and Glencore, I would very much like to talk to/hear from the independent directors who are recommending this deal. 
 
Will shareholders like myself have an opportunity for a conference call etc with the independent directors recommending this sale prior to the vote on Feb 28th? Alternatively, are shareholders able to contact the independent directors to discuss the propped sale arrangement, price and alternatives that were explored by these independent directors before we are asked to vote on a sale of our assets? 
 
Thanks in advance. 
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