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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 > What happens to us in this takeover?
View:
Post by tzvkum on Mar 17, 2023 10:28am

What happens to us in this takeover?

Diner get paid out for the shares we hold or do we get converted Glencore shares?
Comment by Eric1212 on Mar 17, 2023 4:13pm
It's always the same, securities disappear from your account and then money appear. No big deal,just take time.
Comment by Martincat on Mar 20, 2023 8:04am
You should be contacted by Computershare or your broker....to deposit your shares at no cost to you. I don`t believe that a unitholder has the option of trading their shares for Glencore shares.
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