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Bullboard - Stock Discussion Forum Orea Mining Corp OREAF

Orea Mining Corp. is a Canada-based gold exploration and development company. The Company’s principal business activities are the acquisition, exploration and development of resource properties. In French Guiana, Orea holds a major interest in the world-class Montagne d’Or mine development project. The Montagne d’Or project is situated in western French Guiana and is comprised of over two... see more

GREY:OREAF - Post Discussion

Orea Mining Corp > TDSB ;
View:
Post by 1rockit on Sep 17, 2021 2:21pm

TDSB ;

Would you know if it's legal for NORGOLD to buy OREA stock on the open market?? And if so , how many shares. They could end up getting a real bargain .
Comment by Radnaksi on Sep 17, 2021 3:03pm
I think they can buy up until their position is 20%, then if I remember correctly they would need to get Orea shareholders approval through voting.
Comment by tigris72poo on Sep 17, 2021 4:15pm
NG (or anyone else) would have to file once they go over 10%
Comment by tdsb on Sep 17, 2021 5:01pm
Tigris, that is right once they own 10% they must declare their position. CHEERS!
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