Galway Resources Ltd V.GWY

Countdown on....

[Red5Luke]

Looks like we are 10 days away from getting our materials according to the 21 day rule. Not sure if they can put off the AGM again since they are already at their reporting time limit on Sept 20th. So hopefully this means we'll get news on drilling a resource estimate and or possible sale(s) of sites. A month away from the meeting and still no indication where it is being held. Hopefully it is a moot point and the whole company will be sold for BIG BUCKS rewarding patient shareholders. I can't imagine the mood at the AGM if they continue the news blackout - it would be a barn-burner for sure.

https://www.osc.gov.on.ca/documents/en/Securities-Category5/rule_20101210_54-101_unofficial-consolidated.pdf

2.9 Direct Sending of Proxy-Related Materials to NOBOs by Reporting Issuer - A reporting issuer that has stated in its request for beneficial ownership information sent in connection with a meeting that it will send proxy-related materials to, and seek voting instructions from, NOBOs shall, subject to section 2.10 and subsection 2.12(3), send, at its expense, at least 21 days before the date fixed for the meeting, the proxy-related materials for the meeting directly to the NOBOs on the NOBO lists received in response to the request. NOBO = (non-objecting beneficial owner)

[rfguy_ca]

Would that be 21 calender days or business days? One puts us at Aug. 31 and the other at Aug. 21 (tommorrow).

[oldtimer42]

It is obviously calendar days for the 21 day requirement since the determining date for ownership is August 20. My opininion is that this Thursday or Friday is doomsday for news or AGM cancellation. It is quite telling that there is no published agenda, not to mention there is no venue for the meeting. Smart money would bet there will be another cancellation. No doubt GWY can get approval from the

[admantine69]

As of today to September20: 30 Calendar days 20 Business days (September 3 Labour Day holiday - Not Counted) Oldtimer you might be right when you say:  "No doubt GWY can get approval from the regulator for a delay if the reason is good enough."