Laurion Mineral Exploration Inc. V.LME

Proxy Votes

[Wmaver]

Seems to be a wealth of knowledge here, One question I just thought of. It is understood that a vote is required to happen to approve any potential buy out of a publicly traded company like LME. If the insiders hold 80% we all already know a vote is just a rubber stamp, as they control more than enough to put anything through. But if the directors had proxy voting power from enough of those insider shareholders. Would they even need to hold a vote? Or just announce the results from the vote and majority of shares they hold or have proxies for?

[Jdsocials]

So in reading; https://www.ic.gc.ca/eic/site/cd-dgc.nsf/eng/cs06644.html They've already called the meeting. There is nothing stating that they have to provide an itemized agenda, so I'm currently thinking that they've done their due diligence and have already done what the need to do. Is there something somewhere that states they have to provide the agenda as well? Calling a

[matlas]

If you look at the Press Release that announced the material, it contains the following: "Under Notice and Access, instead of receiving printed copies of the meeting materials, shareholders receive a Notice and Access Notification containing details of the Meeting date and purpose, how to access the live webcast, and information on how to access the meeting materials electronically

[Jdsocials]

Hmmm. I see what you mean. I guess I'm just trying to level my expectations if something doesn't come Sept 7th. In my opinion they've done the minimum for the law requirements, and the information you've highlighted doesn't have to necessarily follow those guidelines, moreso it's like a annex to follow, with details. Hope I'm wrong! Just trying to find anything that

[matlas]

I think that they are going to supply more before the meeting, and there is no reason to think that they won't. Especially, if they want to have a vote on anything, how can they expect people to vote unless they have considered the issues. if they were just going to have a meeting to deal with normal corporate housekeeping measures, such as election of Directors and appointment of auditors

[Jdsocials]

I completely agree there will be more, I just don't think it'll be tied to the Sept 7th deadline is all.

[matlas]

I never said it would be. Just for the record, you should note that the link you posted is not relevant, since LME is an Ontario corporation, not a Federal one. Likely, the provisions in the Ontario law (OBCA) are the same. I am also not sure that a press release counts as a notification of shareholders of meeting. However, this is all moot, since I think it is clear that more details will be

[Jdsocials]

Hmmm. I see what you mean. I guess I'm just trying to level my expectations if something doesn't come Sept 7th. In my opinion they've done the minimum for the law requirements, and the information you've highlighted doesn't have to necessarily follow those guidelines, moreso it's like a annex to follow, with details. Hope I'm wrong! Just trying to find anything that

[Jdsocials]

Sorry, ignore double post