"1 - the record date means you are entitled to one vote for every share owned by the close of trade on the record date (April 7, 2011).
2 - The date for the vote is May 12, 2011!
3 - The reason why the info circular has not been received by anyone is because it can not be mailed until after the record date. They need to know who to send it to!
4 - It doesn't matter how you hold your shares or in what type of account you hold them. If you are a shareholder of record you are entitled to vote! Voting instructions will be in the circular as well as instructions on how to dissent.
5 - The dissenting list on stockigloo and other blogs/boards are NOT official! They are simply polls to help the community get a gauge of how many people and how many shares are dissatisfied with the offer so that we may evaluate our collective strength.
Here's a word of warning...it is uncertain how reliable the numbers on these lists are. THE BURDEN ON EVERY SINGLE SHAREHOLDER IS TO TAKE THE TIME TO READ WHAT HAS BEEN PROVIDED, UNDERSTAND IT AND TAKE THE APPROPRIATE ACTION AS THEY SEE FIT!
DO NOT ASSUME THAT BECAUSE THERE ARE 78M SHARES REPRESENTED AS DISSENTING ON THIS UNOFFICIAL LIST THAT A YES VOTE WILL NOT PASS AND/OR GREATER THAN 5% DISSENTING SHAREHOLDERS WILL BLOCK SCUTTLE THE DEAL.
MAKE SURE YOUR VOTE GETS COUNTED!"
2 comments:
Hi, My response from the Canadian "SEC":
Mr. Blah,Blah,
Thank you for contacting the CSA Secretariat.
We have forwarded your concerns to the BC Securities Commission (BCSC) who is the principal regulator for Century Mining Corporation. A member of the BCSC's staff will be contacting you directly should they require further information. We appreciate that you made the effort to send us this information.
Should you require any further information, please do not hesitate to contact us.
Sincerely,
CSA Secretariat
When does CMM/WTG management first see the vote result numbers?
Are "insiders" prevented from acting in the markets prior to the release of the vote results? As of what date?
Where is the May 12 meeting taking place? At what time?
Will a trading halt be implemented days before and days after the vote results?
Is there a way that shareholders can confirm that their shares were, in fact, recorded by Computershare Trust Company?
What are the April 7 (record day) actual number of shares that can be voted on?
Restate... the percentages in various formats that must be met in order to accept/reject the Merger.
How is a non-vote interpretted?
Are there any other questions to be asked in order to insure that the results of the vote are accurate and have not been manipulated or tampered with?
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