These mainly go to the BS employees. They dropped the Class G performance shares to themselves ( ~4 million) when seeking shareholder approval for the transaction because they were warned they would have been voted down, so they dropped that resolution to avoid embarrassment.
But they went one better though, and awarded themselves C$ 150,000 cash bonuses ( apparently no need for share holder approval) for completing the Black Spur Sale.
They still get their share of class 2,500,000 class C rights.
Also love the fact that the " independent" Canadian director received a C$ 37500 bonus from CE1 for selling BS to his own company. The bonus should have come from Astara, for buying BS on the cheap.
Words cannot describe the brazenness of these guys for thinking it was a job well done .
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These mainly go to the BS employees. They dropped the Class G...
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