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10.6 million oz gold, 98.3 million oz silver, 10 billion lbs copper, 700 million lbs molybdenum, Measured, Indicated & Inferred
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AGORACOM News Flash

AGORACOM Client Feature

PP: TSX-V

Company is planning a late summer exploration program on its claim block which totals 795,824 hectares. The Amazonas Potash Basin is similar in size, scale and geology to Saskatchewan’s potash evaporate deposit, which is the largest and most prolific potash reserve in the world.

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Investment Highlights - Brazil

Amazonas Potash Basin

  • The Brazilian Government plans to reduce Brazil’s reliance on potash imports from 91% to 60% over the next 5 years
  • Soils in Brazil are deficient in potassium and require potash to remain productive
  • The Amazonas potash basin is similar in geology and dimension to the Saskatchewan potash basin in Canada

·Two deposits owned by Petrobras—Arari and Fazendinha—are located 20 and 40 km west of the property being optioned by Pacific Potash. These two deposits have reported historic resources as follows*:

Fazendinha – 520 Mt @ 28.8% KCl
Arari – 659 Mt @ 17.7% KCl

 

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Message: What happens after the deal is done?

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What happens after the deal is done?

posted on Feb 21, 12 06:08PM

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!

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