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Hecla Mining Co. Message Board

  • llong54@ymail.com llong54 Mar 14, 2013 10:45 AM Flag

    March 15th before the British Columbia Securities Commission will determine if a cease trade order will be issued to block Aurizon Mines’ p

    B.C. Securities Commission to referee in Aurizon Mines’ ‘poison pill’ plan

    The British Columbia Securities Commission is scheduled to hold a hearing Friday on whether or not to remove Aurizon’s New Rights Plan and C$27.2 million break fee with white knight bidder Hecla Mining.
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    Author: Dorothy Kosich
    Posted: Wednesday , 13 Mar 2013

    RENO (Mineweb) -

    A hearing scheduled for Friday, March 15th before the British Columbia Securities Commission will determine if a cease trade order will be issued to block Aurizon Mines’ poison pill new shareholders rights plan announced on March 11.

    Alamos filed an application with the BC Securities Commission seeking an order to remove the second Aurizon poison pill and payment of what Alamos claims is an illegal break fee to white knight Hecla.

 
HL
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