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Non-Tech : Northern Empire Minerals (NEM.V)

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To: jrhana who wrote (38)6/16/2003 6:15:29 PM
From: jrhana  Read Replies (1) of 92
 
This merger still needs to pass some hurdles:

<The arrangement is subject to a number of conditions, including the finalization of formal documentation, receipt by each of the Northern Empire Board of Directors and the Stornoway Board of Directors of a fairness opinion regarding the transaction, receipt of court approval, regulatory approval, and approval of the shareholders of each of Northern Empire and Stornoway, of the arrangement and other customary conditions. Both Stornoway and Northern Empire anticipate holding shareholders' meetings in mid July, 2003 to consider the transaction.>

It seems that SWV.V stock (which I do not own) is reflecting the fact that the merger could derail.

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