Bridgeport Ventures Inc T.BPV

BPV Announces New Date

[flayer]

October 10, 2012

Bridgeport Ventures Announces New Securityholder Meeting Date

TORONTO, ONTARIO--(Marketwire - Oct. 10, 2012) - BRIDGEPORT VENTURES INC. (TSX:BPV) ("Bridgeport") announces that it has rescheduled its annual and special meeting (the "Meeting") of securityholders. The Meeting will now be held on November 22, 2012, to consider for approval, among other matters, a special resolution (the "Arrangement Resolution") authorizing an arrangement (the "Arrangement") whereby Bridgeport will acquire Premier Gold Mines Limited's wholly-owned subsidiary, Premier Royalty Corporation. The Meeting was originally scheduled for October 12, 2012.

[Lurker8]

Don't you just love it when they change plans at the last minute, delay for 6 weeks and give absolutely no reasons why?

[Teatimenow]

Don`t you worry, asked them here is the repyl: "There have been delays due to the TSX. We are at the mercy of their schedule and it is responsible for the delay. No issue with the deal."

[rozelli]

Maybe the TSX is confused as the rest of us re. this reverse takeover agreement. Take your shares divide by 4 then add (Shares/4 * .375 warrants (.50 strike)) Tea I have some German blood but not enough to grasp this .  What percentage does BPV own of the final product if you count the warrants as .375 share 

[johnnywits]

Hi roz hope this helps The bottom of agreement from announcement has % post consolidation for BPV holders https://www.bridgeportventures.net/docs/merger/2012-08-08_Def_Agr_NR.pdf "Pursuant to the Business Combination outlined above and assuming that Premier Gold does not exercise its one time right to convert its bridge loan into units of New Bridgeport, on a post-consolidation basis there

[rozelli]

Thanks J , will see if I can get my brain around this later.