Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Shareholder Question

KRY Shareloders need not do anything other than make sure that their shares are on the shareholder registry. Last year the Canadian Parliament amended the securities law to require that all Canadian issuers keep a shareholder registry up to date to make sure that the issuers, the government (e.g. RCMP) and regulatory agencies (e.g. Ontario Securities Commission) can ascertain at any time the legitimacy of the investmentors in the company.

You can make sure that you are listed on this registry by writing to the Monitor and requesting verification you are on it. In addition, if/when there is a buyout offer issued to the company's shareholders, by law shareholders can request and the company must provide the shareholder registry for legitimate purposes (e.g. canvassing shareholders to vote their share one way or another at the Shareholders' meeting that must be held to allow shareholders to vote for or against the buyout offer). In the latter case, if you are on the shareholder registry, you will receive communcations from both the company announcing the shareholder meeting and any party opposing the proposed buyout terms (e.g. the Shareholders Committee).

 

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