Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

Free
AGORACOM NEWS FLASH

BREAKING NEWS OUT OF 2 AGORACOM CLIENTS

Namaste Acquires Australian Vaporizers and Increases Bought Deal to $7.5M

  • Entered into a definitive agreement with Australian Vaporizers PTY Limited
  • Company’s website www.australianvaporizers.com.au has approximately 80% of the market share
  • For period ended June 30, 2016, the company produced approximately $4.5 million of revenue and $1.1 million of EBITDA

Nlogo

Hub On AGORACOM / Read Release

---------------------------------------------------------

Durango Receives Offers On Windfall Gold Camp Property

STOCK UP 176% ON THE DAY!!!

Last: $0.18 Up: $0.115

Vol. 21.5M Shares

  • Received two offers this week on its Trove Property located in the Windfall Lake
  • 100% wholly owned Trove Property adjoins Osisko Mining (TSX-OSK) in the Windfall-Urban gold camp where Osisko is drilling a 400,000 metre program
  • Trove also adjoins Beaufield Resources (TSX.V-BFD) which holds multiple projects in the area and currently have drill programs underway 

 

Logo

Hub On AGORACOM / Read Release

Message: What happens after the deal is done?

Hi AG, long time reader... first time poster.

Now that we're getting closer to the end game here, I was wondering exactly what happens once the back-in/buyout occurs?

IF/When Tech backs in for 75%, and assuming that they also strike a deal for the 25% remaining... how do we go about exchanging our shares for the "agreed upon price?"

Do my shares in my account just... errr.... disappear(?) with the appropriate amount of cash or TCK shares showing up in my account?

Or, IF the buyout price is $5 (arbitrary!! no I am NOT giving my opinion on the buyout price), do I have to then set up a SELL order at $5 per share?

Do I have to fill out paperwork as a shareholder, and then I can get my money upon filing the paperwork?

What if the agreed upon price is $5, but the current share price is $5.10? Is there a mad scramble while people try to sell and keep that extra ten cents?

I've never held stock for a company that has been gobbled up by another entity, so I'm not sure exactly how to go about exchanging my shares for the currency agreed upon (be it $$$ or TCK shares or some mixture thereof).

Haha, what I DO know is that I don't want to be the only guy holding on to shares when I should have been scrambling to trade 'em in for "whatever we get."

Hayz

Edit: Edited to prove that I know about grammar and stuff!

Share
New Message
Please login to post a reply