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Message: Discovers New Mineral System at Victoria (19th Jan. 2010)

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stickeroo

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Quadra merger

in response to Discovers New Mineral System at Victoria (19th Jan. 2010) by Clavis

posted on Mar 23, 10 08:53PM

Not much activity on this thread lately.

Given the latest proposed merger, I have a question in regards to the treatment of "call options" which may be outstanding on FNX.

I would assume that anyone holding call options on FNX would have the number held adjusted by the same .87 factor affecting the shares.

I would also assume that the option would allow the purchase of the new company (Quadra-FNX) at the same strike price and strike date of the original option.

TIA for any clarification

Stickeroo

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