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Bullboard - Stock Discussion Forum Western Wind Energy Corp V.WND

TSXV:WND - Post Discussion

Western Wind Energy Corp > Brookfield Wording re Additional Shares
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Post by Blkbartt25 on Nov 29, 2012 2:35pm

Brookfield Wording re Additional Shares

12. Market Purchases and Sales of Common Shares
Except as set forth below, the Offeror reserves the right to, and may, acquire or cause an affiliate to
acquire beneficial ownership of Common Shares (including Common Shares represented by Warrants) by
making purchases through the facilities of TSXV or the OTCQX at any time, and from time to time, prior
to the Expiry Time subject to and in accordance with applicable Laws. In no event will the Offeror make
any such purchases of Common Shares through the facilities of TSXV or the OTCQX until the third
business day following the date of the Offer. The aggregate number of Common Shares (including
Common Shares represented by Warrants) acquired in this manner will not exceed 5% of the Common
Shares outstanding on the date of the Offer and the Offeror will issue and file a press release containing
the information prescribed by applicable Laws immediately after the close of business of TSXV on each
day on which such Common Shares have been purchased.
Comment by peter75 on Nov 29, 2012 2:43pm
thank you, that is what I was looking for Does this mean to you that bep cannot exercise more than 5 percent  thaking them from  16 percent to 21 percent Are they capped there Thx
Comment by Blkbartt25 on Nov 29, 2012 3:36pm
Yes, my voewis they would be capped there unless they amended their bid circular and filed a new one.
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