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Oromin Explorations Ltd > Does Anyone Know

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Post by Donlin on Aug 20, 2013 11:29am

Does Anyone Know

Due to vacation i missed the tender date by one day.

Does anyone know what will happen with those OLE share holders that did not tender?
I've contacted both companies and neither one has responded.

News releases have stated that TGZ will go after the remaining shares but not sure what that really means.

Thanks

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Comment by Goldfather on Aug 20, 2013 9:25pm

donlin... if youre in a state that is allowed to tender, you may still be able to do so... try your Broker to check... but if your not in a state that cannot tender... they say they are working on it to arrange the same deal as the tendered shares.... try kathy Sipos at Tgz... sehs the IR preson, very nice lady and quite professional... eave a message, and/or ask if soemone else can ehlp.... ...more

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Comment by Donlin on Aug 21, 2013 5:28pm

Thanks G After 10 days I did receive a reply. One would think investor relations personnel read the blogs. The company will be sending out another document to the remaining OLE shareholders in late August so they can tender their shares. I live in Canada so can't confirm that the same process will exist for American shareholders but would expect the same as the late July ...more

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Comment by bluestar on Aug 23, 2013 10:54am

ole a great buy here as tgz is now 75 cents.

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Comment by Roro1 on Aug 26, 2013 8:32pm

I spoke to my broker, and he confirmed the required number of tendered shares have been met for the merger. There is no bifurcation of shares, so whether you tendered or not (being that some states, including my own state of Florida, couldn't tender), all shares will be moved to TGZ. That's what I was told. Anyone heard any different? Best Roro

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Comment by Goldfather on Aug 26, 2013 10:38pm

-----thanks Roro....good to egt some stuff...good to C all have not vacated here... but mine in Fla have not tendered yet.. waiting to do so,,,, but a good friend recd his 2 mil shares from ole, and schwab told hin to go fly a kite,,,, they werent so kind to see Ole/TG... fyi....( i will present tomorrow,) but RBC Report shows a targt price of 2.50 w/o Bendon.... (i think ...more

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