The AGM is tomorrow so shareholder approval has not been obtained yet and as far as I am aware there are no guidelines on when it would be done. The only reason to do this is to do a PP and they should not be in any hurry with $8+m cash. I notice they ran out of cash before the AuRico deal and Bruce had to lend the company $100K from his own pocket. They also seem to have far more directors than
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