Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : ARU.V Aurelian Resources Inc -- Ignore unavailable to you. Want to Upgrade?

To: SARMAN who wrote (498)	9/18/2008 11:55:41 AM
From: Proud Deplorable	1 Recommendation Read Replies (1) \| Respond to of 516

Failure to File a Notice of Change Posted by: hawnkoa on September 18, 2008 03:07AM Since the Offer came out on July 28, 2008 a representative of the Government of Ecuador has come out and said that the "dreaded" Windfall Profits Tax will not apply to mining. In my estimation this should require a Notice of Change from the BOD of Aurelian. Below is an excerpt from the OCS Takeover rules on page 25... "Notice of change 2.16 (1) If, before the expiry of a take-over bid or after the expiry of the bid but before the expiry of all rights to withdraw the securities that have been deposited under the bid, a change has occurred in the information contained in a directors’ circular or in any notice of change to a directors’ circular that would reasonably be expected to affect the decision of the security holders to accept or reject the bid, the board of directors of the offeree issuer must promptly issue and file a news release relating to the change and send a notice of the change to every person to whom the circular was required to be sent disclosing the nature and substance of the change. (2) A notice of change in relation to it must be in the required form. Filing directors’ notice of change 2.17 The board of directors of the offeree issuer must concurrently file the directors’ circular or a notice of change in relation to it and deliver it to the principal office of the offeror no later than the date on which it is sent to the security holders of the offeree issuer, or as soon as practicable after that." 10 members recommend this. agoracom.com