CXC 0.00% $27.25 coeur d'alene mines corporation.

At the AGM of CDE on 12 May 2009 the following is an Agenda item...

  1. 679 Posts.
    At the AGM of CDE on 12 May 2009 the following is an Agenda item to do a reverse stock split.

    Subject to the authorization to effect a reverse stock split, authorize an amendment to our Articles of Incorporation to effect a proportional decrease in our total number of authorized common shares from 750 million to 75 million and a further increase in the number of post split authorized common shares from 75 million to 150 million; and

    Page 40 of the following SEC notice

    CXC would be subject to a reverse split in the same proportion. Refer to document 03/17/09 (PRE 14A A preliminary proxy statement providing notification matters to be brought to a vote) page 40 for the full disclosure regarding CXC if a reverse split is approved by shareholders.

    Link:

    http://phx.corporate-ir.net/phoenix.zhtml?c=86472&p=irol-sec

    Todays action was interesting and in part attributable to short covering overnight in the US. Wonder if it will hold up tonight or reverse??


 
watchlist Created with Sketch. Add CXC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.