First Uranium Corporation T.FIU

This is a hypothetical thought.....

[lefmike1]

Hypothetically speaking,

 

Let’s say for argument sake, Simmers and Jack at 48% ownership of FIU

And subsequently gets an additional 16% of the shares that Gold Wheaton

Could own, is it possible that FIU could be delisted from the TSX and that

Simmers has total control of the company?

 

What happens to the remaining shares if that was to happen?  Simmers is listed

On the South African exchange and the shares are not traded in Canada (at least

not through my broker BMO).  So how would you access the shares and I guess

that being said, Simmers could do what they want with FIU’s share price.

 

Is that possible,  as I said this is all hypothetically so don’t bother jumping up

And down my back, it’s simply a question.

[ecolo101]

Hypothetically!!!It is difficult to speculate on anything right now... Fact is: an emission is coming before end of March!There is big advantages of being listed on TSX. Canada is a nice country which encourages mining around the world. One good example is ELR which operates mines in Africa for platinum.There is no reason for walking away from the administration requested by TSX. Not for the size

[lefmike1]

I think you may have misunderstood my quesiton ecolo101I was simply asking what would happen if Simmers took back control of FIU  and what could possibly happen to the TSX shares?  Nothing to do with the pros and cons of beign listed on the TSX, Simmers is not listed in N. America whatsoever and if they took control of FIU would they move those stocks to their home exchange... and if so&

[factsfinder]

you would receive an equivalent value denominated in Simmers shares listed on the ASX www.asx.com.au/research/prices/index.htm Detailed search - prices, announcements and charts Shares Announcements Charts Company info Interest rate securities Options Warrants/Structured Products ASX CFDs ASX Futures SFE Futures