Laurion Mineral Exploration Inc. V.LME

What Happens?

[Malakas1]

Tons of talk about when/how and other speculating about MRE's etc.  But for a someone new at this like myself, in the event of a buyout what actually happens?  Other than the basics of 'we get paid'.  What's the process?  Do shares get frozen?  Is there a specific date shares must have been owned by?  How long does it usually take to be credited from the buyout announcement to being credited?  How do you get credited (I'm assuming the shares in your trading account turn into cash?).

Also, for those of us not on the TSX and trading LMEFF on OTC in America, will those shares be treated or paid out any differently than traditional LME shares?  

Not new to trading, just new to this process as a whole that will hopefully happen and looking for the road map from OG's that have been through this before from start to finish.  Thanks.

[Wmaver]

Its been said before but will say it again.... because i LOVE dreaming about that day! The USA LMEFF and Can LME are the same pool of shares.  So they will be handled the same way with respect to different Conversions.  Lets hope the buyout is in USD! There will be the Glorious day when the Stock either Halts for the annoucnement.  Or the PR is annoucned AFTER trading hours ( no

[Malakas1]

Thanks Wmaver.  Yeah i ifgured it was already stated in the years of posts, but after going back 50 pages i gave up.  Appreciate the  detailed response.