Apr. 30 at 7:58 PM
$FECCF
The Vote: The "Arrangement Resolution" to approve the sale passed decisively. Major shareholders, including Catalyst Capital Group and Gramercy Funds Management (who collectively hold approximately 53.8% of the shares), had previously entered into support agreements to vote in favor of the deal.
Return of Capital: Shareholders also approved the Return of Capital Resolution. This authorizes Frontera to distribute approximately
$470 million (roughly CAD
$9.18 per share) to shareholders, representing the net cash proceeds from the sale.
This goes higher ... holding.
https://www.youtube.com/watch?v=4O3UGW-Bbbw&list=RDmtsv9ezc_pQ&index=11