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Bullboard - Stock Discussion Forum RESERVOIR MINERALS INC V.RMC

"Reservoir Minerals Inc is engaged in the acquisition, exploration and development of mineral properties in Serbia, Cameroon, Gabon, Macedonia and Romania."

TSXV:RMC - Post Discussion

RESERVOIR MINERALS INC > Who Needs To Vote No
View:
Post by bendystock on Jun 03, 2016 1:12pm

Who Needs To Vote No

To give everyone an idea of what a No Vote would look like in terms of getting to 33.3%

                        
Shares Outstanding: 100% - 63,466,593
                       
Jing Bao: 9.00% - 5,711,993
Sprott: 6.10% - 3,871,462
Adrian Day Asset Management: 5.20% - 3,300,263
J.P. Morgan: 4.30% - 2,729,063
BlackRock Investment Fund: 3.70% - 2,348,264
Xiangguang Copper: 2.40% - 1,523,198

Total Advertised Large Holders: 30.70% - 19,484,244
                       
Nevsun Resources: 19.90% - 12,629,852
                       
Management: 4.50% - 2,855,997
                       
Retail Shareholders and Other Non-Advertised Large Shareholders: 44.90% - 28,496,500
                       
Required No Votes: 33.33% - 21,153,415

33.3% seems possible to me.

All information from RMC's most recent investor presentation.

www.abetterdealforreservoir.com
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