Aurora Cannabis Inc (ACB)
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Hunchbackgeek
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Hunchbackgeek
Re: Blinglord post# 8026
Tuesday, 01/16/2018 2:28:33 PM
Tuesday, January 16, 2018 2:28:33 PM
Many of your questions were also asked by... shareholders that attended the meeting yesterday. There were discussions regarding the timelines and Aurora said they will write Amendments to encompass things that may arise. They encouraged everyone with these questions to reread the news releases and that an Update will be released by Aurora in the very near future. March 9th date, see this explanation below it does follow with accuracy what was stated regarding the March 9th date. "The Offer will be open for acceptance until 11:59 p.m. (Pacific time) on March 9, 2018. Subject to applicable securities laws, the deposit period may be extended, or in certain circ*mstances reduced, by Aurora. In light of CanniMed's proposed alternative transaction with Newstrike Resources Ltd. (the "Newstrike Resources Alternative Transaction"), Aurora has applied to the Financial and Consumer Affairs Authority of Saskatchewan and the Ontario Securities Commission to obtain an order reducing the minimum deposit period for the Offer in order to allow CanniMed's shareholders to consider the Offer concurrently with the Newstrike Resources Alternative Transaction. CanniMed shareholders are advised, however, that there is no assurance such relief will be obtained." https://ca.finance.yahoo.com/news/aurora-cannabis-launches-takeover-bid-123000159.html CMED shareholder vote only needs to be in favour of the merger by 51%. I found that to be in Aurora's favour. The two companies together will be close to being the largest MJ company in Canada. Second only to WEED. So we are talking serious Aurora PPS. Blinglord, I would watch for the next News Release they said they will post one as something shifts. Hope this was helpful.
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Recent ACB News
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- Aurora Cannabis Announces Fiscal 2024 Third Quarter Results; Generates Record Adjusted EBITDA of $4.3 Million • PR Newswire (Canada) • 02/08/2024 12:00:00 PM
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- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/31/2024 12:25:23 PM
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