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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: orkrious who wrote (25297)11/13/2006 10:45:36 PM
From: stan_hughes  Read Replies (1) of 78411
 
In Canada, once an acquiring company gains 90% they can force the conversion of the other 10% on the same terms and conditions. It's called the right to a compelled acquisition.

How this works in practice is that even if you don't tender your shares, you would be sent a cheque and the shares would be cancelled whether you agreed to it or not.
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