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Bullboard - Stock Discussion Forum Mangazeya Mining Ltd WHTGF

Metals & Mining Gold
Mangazeya Mining Ltd is engaged in mineral exploration, development and production with a strategic focus on mineral properties in the Russian Federation with demonstrated potential for hosting economic mineral deposits consisting primarily of gold. The company's projects include Savkinskoye Deposit, Nasedkino gold ore, Zolinsko-Arkiinskaya, and Koryakmining. All of the company's revenues are... see more

GREY:WHTGF - Post Discussion

Mangazeya Mining Ltd > Redemption
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Post by FarmerBrown1846 on Apr 26, 2021 9:53am

Redemption

Can anyone explain what the latest press release of Notice of Redemption means to us shareholders of Mangazeya. Is this a good thing?!
Comment by MVargas on Apr 27, 2021 2:20am
Pretty much irrelevent unless you owned Century Mining shares and opted to receive "Exchangeable Shares" at the time of the Century/White Tiger merger instead of White Tiger (now Mangazeya) shares in order to defer capital gains/losses. If you do own Exchangeable shares, then it is not a good thing as you will receive $0.04/share for them.  
Mangazeya Mining Ltd
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