Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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I think someone better tell Scott Caldwell that the strategic review is a smoke screen! The poor man is deluded when it comes to the matter of the review! Having said that...I'm sure some of the experts here will put him right!
I did say this morning that the strategic review IS BEING CONDUCTED!
You couldn't make a lot of this bullshyte up .......hold on.....hmmmm.
Could mean appropriately rewarded in this life through alpala (whatever) sale in due course .. or less appropriately rewarded through development but in the next life.
All shareholders appropriately awarded for supporting the cascabel discovery...hmmmm...has it been sold on ?
Good news, another milestone.
Closed by end of January
Cornerstone Shareholders Approve Arrangement
OTTAWA, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Cornerstone Capital Resources Inc. (“Cornerstone”) (TSXV:CGP; OTC:CTNXF; FWB:GWN1) is pleased to announce that at a special shareholder meeting held today (the “Meeting”), holders of common shares of Cornerstone (“Cornerstone Shareholders”) voted overwhelmingly in favour of the special resolution (the “Arrangement Resolution”) approving the previously-announced plan of arrangement (the “Arrangement”) pursuant to which SolGold plc (LSE:SOLG; TSX:SOLG) (“SolGold”) will acquire all of the issued and outstanding common shares of Cornerstone (the “Cornerstone Shares”), other than the Cornerstone Shares already held, directly or indirectly, by SolGold.
The Arrangement Resolution was approved by 99.98% of the votes cast by Cornerstone Shareholders present at the virtual Meeting or represented by proxy and entitled to vote at the Meeting (99.97% excluding the votes cast by Cornerstone Shareholders that were required to be excluded pursuant to Multilateral Instrument 61-101 — Protection of Minority Security Holders in Special Transactions).
Greg Chamandy, Chairman of Cornerstone, and Brooke Macdonald, President and Chief Executive Officer of Cornerstone, jointly stated:
“We thank our shareholders for the near unanimous support of the merger with SolGold. We are very excited about the future prospects of SolGold under the strong leadership of Scott Caldwell. We look forward to being SolGold shareholders as the strategic review will now be the number one priority to ensure all shareholders are appropriately rewarded for supporting the extraordinary discovery at Cascabel.”
Cornerstone will seek a final order of the Court of King’s Bench of Alberta to approve the Arrangement at a hearing scheduled to be held on January 10, 2023. Subject to obtaining all required approvals and the satisfaction or waiver of all required conditions to closing, the Arrangement is expected to close in late January 2023.
Cornerstone Capital Resources Inc. (“Cornerstone”) (TSXV:CGP; OTC:CTNXF; FWB:GWN1) is pleased to announce that at a special shareholder meeting held today (the “Meeting”), holders of common shares of Cornerstone (“Cornerstone Shareholders”) voted overwhelmingly in favour of the special resolution (the “Arrangement Resolution”) approving the previously-announced plan of arrangement (the “Arrangement”) pursuant to which SolGold plc (LSE:SOLG; TSX:SOLG) (“SolGold”) will acquire all of the issued and outstanding common shares of Cornerstone (the “Cornerstone Shares”), other than the Cornerstone Shares already held, directly or indirectly, by SolGold.
The Arrangement Resolution was approved by 99.98% of the votes cast by Cornerstone Shareholders present at the virtual Meeting or represented by proxy and entitled to vote at the Meeting (99.97% excluding the votes cast by Cornerstone Shareholders that were required to be excluded pursuant to Multilateral Instrument 61-101 — Protection of Minority Security Holders in Special Transactions).
Greg Chamandy, Chairman of Cornerstone, and Brooke Macdonald, President and Chief Executive Officer of Cornerstone, jointly stated:
“We thank our shareholders for the near unanimous support of the merger with SolGold. We are very excited about the future prospects of SolGold under the strong leadership of Scott Caldwell. We look forward to being SolGold shareholders as the strategic review will now be the number one priority to ensure all shareholders are appropriately rewarded for supporting the extraordinary discovery at Cascabel.”
Cornerstone will seek a final order of the Court of King’s Bench of Alberta to approve the Arrangement at a hearing scheduled to be held on January 10, 2023. Subject to obtaining all required approvals and the satisfaction or waiver of all required conditions to closing, the Arrangement is expected to close in late January 2023.
CGP news release
Bubble it's not a buy it's an uncrossing trade.
Big buy there red
684830 at 17.74
Well bid in the auction
Add
CGP up a bit so hopefully all good
Addicknt,yes agree spill the beans !!!!!,well I wouldn't want to be out atm imho
Anymore advice for the other board addict as you were always keen to give it?
will have been decided by now. Come on - tell us the result!
I made the decision 2 or 3 years ago that as well as Mr Q having dyslexia/Tourettes/autism/ADHD or whatever, that he was also an idiot and accordingly filtered him. Since then I notice that some here still read his interminable posts and argue with him - a lost cause when it's with an idiot. To everyone their own however.
For myself, I spend the time I save in not doing so by enjoying whatever life has to offer, such as going for a sprightly (for my age) walk, as I have done earlier, since SFA will happen here until later in the day when the people whose salaries we pay may deign to enlighten us as to whatever is going on.
They asked for our support recently and it was given. Payback time starts now I reckon.
Copper flying - stay with it ...
There was an article posted recently regarding Ecuador and various chinese companies getting a bad name for x y and z. SOLG have worked very hard over the years to build a SOLG brand which is respected by the communities. That's worth its weight in gold alone.
You certainly wouldn't want to change that brand name anytime soon. Should the chinese takeover ENSA only, then I think we could see SOLG/ENSA as the name which will aid the chinese further down the line.
There has been some decent PR of late with the name ENSA rather than SOLG.... so I think all involved are aware of the potential value in associating ENSA with SOLG as a trusted part of the overall company.
RNS today after bell or 7am tomorrow maybe ?
Hello novice ;)
Hopefully it will soon be called BHP ;))
CGP $4.17 and SOLG 32c both up strongly on TMX...
Thanks Bogotá …. Hopefully another hurdle removed
Will the NewCo be called CornerGold or SolStone? :-)
DBW - yes