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Gold/Mining/Energy : Zentek Ltd - ZEN -- Ignore unavailable to you. Want to Upgrade?

To: ZTEK who wrote (22745)	12/16/2025 4:02:03 PM
From: Steakhouse	1 Recommendation Recommended By Del Bocavista Read Replies (1) \| Respond to of 22779

Can a Canadian company do a poison pill policy after a bona fide bid comes in? In Canada, a company cannot adopt a poison pill policy after a bona fide bid has come in. The Canadian Securities Administrators (CSA) have established a new takeover bid regime that includes a minimum bid period of 105 days and an irrevocable minimum tender condition of more than 50% of all outstanding target securities. These regulations aim to rebalance the dynamics among Canadian bidders, target boards, and target shareholders. A poison pill, which is a shareholder rights plan, is not permitted under these new rules, and any attempt to adopt one would be cease-traded by the authorities Steakhouse Maybe ZEN would want to think of having one on the books quickly.