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Bullboard - Stock Discussion Forum NorthWest Copper Corp V.NWST

Alternate Symbol(s):  NWCCF

NorthWest Copper Corp. is a copper-gold explorer and developer with a pipeline of projects in British Columbia. The Company's principal activity is the acquisition and exploration of mineral properties in Canada. Its Kwanika project is located in the prolific Quesnel Terrane, which hosts numerous porphyry copper-gold deposits such as Mount Milligan, New Afton, and Highland Valley. The Company... see more

TSXV:NWST - Post Discussion

NorthWest Copper Corp > CONCERNED SHAREHOLDER PUTS NORTHWEST COPPER ON NOTICE..
View:
Post by bada123bing on Jun 15, 2023 8:29pm

CONCERNED SHAREHOLDER PUTS NORTHWEST COPPER ON NOTICE..

NEWS RELEASE
 
 CONCERNED SHAREHOLDER GRANT SAWIAK PUTS NORTHWEST COPPER (TSXV:NWST) ON NOTICE THAT HE WILL APPLY FOR A CEASE TRADE ORDER ON FUTURE FINANCINGS
 
 TORONTO, JUNE 15, 2023 - Grant Sawiak (the "Concerned Shareholder"), who has assembled a dissident slate of directors for election, has today advised NWST that he will apply to Canadian provincial securities regulators for a cease trade order on any financings which are undertaken by NWST prior to the holding of the 2023 Annual Meeting currently scheduled for September 6, 2023.
 
 The basis for such application(s) is that NWST cancelled the Annual Meeting of shareholders which was previously scheduled for June 23 for an "improper purpose".
 
 Mr. Sawiak has retained Jay Naster who was previously Senior Litigation Counsel at the Ontario Securities Commission and who is now a partner at the Brauti Thorning law firm in Toronto, as litigation counsel.
 
 Advisors
 
 Kathleen Skerrett of Gardiner Roberts LLP is acting as securities law counsel to the Concerned Shareholder.
 
 Shorecrest Group Ltd. is acting as the strategic shareholder advisor to the Concerned Shareholder.
 
 Jay Naster of Brauti Thorning LLP is acting as litigation counsel to the Concerned Shareholder.
 
For more information contact:
 Grant Sawiak
 416.917.2816
Comment by jambon379 on Jun 20, 2023 2:20pm
NWST holds amazing ground and yet current management has been unable to increase share value.  I am encouraged that Sawiak is willing to do something about it. Fat cats not doing what they are expected to do need to be purged. In the meantime our share value will tank.  But, what is in the ground will still be there when the right people are put in place.  Here I thought Mark O' ...more  
Comment by luckyluke3 on Jun 20, 2023 7:19pm
Well said He has my vote also  What do we have to loose at this point 9Cents
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