Jetzt ist es amtlich: Majestic und CMR haben keine weitere Übereinkunft erzielt, somit wird das Darlehen in 48,7 Mio + Zins 89687 = 48.870.175 Aktien getauscht. CMR wird somit zum Großaktionär. Haltefrist bis mitte Dezember. Jetzt kann man das so sehen: Kurzfristig schlecht (da keine Übernahme mit xxx% Aufschlag), langfristig gut, da Majestic organisch wachsen kann und die Großaktionäre hoffentlich den Kurs pflegen könnten. Derzeit sind sie ja schön im Minus. Wir werden es sehen.Hier die Meldung mit Kommentar von MisterB: Some things to ponder: -With the 90 day period elapsed, when will CMR start trading? Until they start trading, are shareholders to think that they are working on an offer to purchase, loan, merge or help IPO Majestic?
-If they do start trading, I guess all bets are off with Majestic -Now that the 90 Day DD period is over, are there other parties that will be interested? -Now that the 90 Day DD period is over, will Majestic finally release other news? -Now that the 90 Day DD period is over, will we get an update or finally get more info on their website?
-Now that the 90 Day DD period is over, will Majestic finally provide an update on milestones met to date, target milestones for the future, etc? ---------------------------------
2011-11-03 15:25 ET - News Release
Mr. Rod Husband reports $10,000,000 LOAN CONVERTED TO EQUITY Majestic Gold Corps $10-million loan, which was the subject of itsnews releases of July 26, 2011, and Aug. 26, 2011, has been convertedinto common shares of the company at the price of 20.5 cents per share.In addition, loan interest in the amount of $437,500 will also beconverted into common shares of the Company at the price of .205 pershare, subject only to acceptance by the TSX Venture Exchange (the"TSXV"). The original loan agreement provided for a 90 day exclusivity period tofacilitate discussions with the lender regarding a possible businesscombination relating to the Companys Song Jiagou gold project, andstipulated that if no agreement were reached for such a transactionwithin that period, then the loan and the equivalent of seven (7) monthsinterest would automatically convert to shares in the Company at theprice of .205 per share. The 90 day period of exclusivity has nowelapsed. The loan principal has been converted to shares and anapplication is being made to the TSXV for conversion of the interest. |