This is a Takeover!!, page-2

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LT_Investor

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20/03/18

13:04

Post #: 31885240
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Originally posted by worzel1 ↑

This is not a Canadian listing, this is a takeover transaction!

The loan agreement is part one creating the rights to shares, and part two, the merger agreement is the underhanded approval of the transaction to complete the takeover.......All at rock bottom value.

This is an unbelievably complicated transaction for what should be a relatively straight forward exercise to list on the TSXV. This is a small company board and the listing costs are NOT onerous. The merger document reads like a full on takeover contract.

In order for this to proceed an independent review of the mining operation must be conducted to determine a fair valuation. Lundin will have been given the opportunity to determine a valuation, shareholders who are losing a significant interest in the company due to this transaction should be given the same opportunity.

Has it really been impossible to extract ore from the mines or has it just been delayed while these onerous transactions can be completed. These are reasonable questions in light of the the relationship between Jackson and Lundin. It is clear there is a conflict of interest.

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Can you please share the full merger document?
How can this be a takeover when they only have 5.5% of the stake?
The loan facility is another issue.

BDR Price at posting: 7.8¢ Sentiment: Hold Disclosure: Held
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This is a Takeover!!, page-2

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