Warrant holders get a vote

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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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wolf411

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Warrant holders get a vote

posted on Jun 24, 2011 02:55PM

Warrants normally don't entitle the holder to vote on company matters, but they do get to vote on the merger. From the presentation, here are the three votes needed to pass:

Approval from >50% of Golden Minerals shareholders
Approval from >66⅔ % of ECU shareholders
Approval from > 66⅔ % of ECU shareholders, option holders, warrant holders and noteholder, voting together as a single class

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