IKN

Tis rigor and not law

Cobalt 27 (KBLT.v): The Pala rip-off is rammed through

Here’s the link and here’s an extract…

“The Arrangement Resolution required and received approval by (i) 66⅔% of
the votes cast by shareholders present in person or represented by
proxy at the Meeting and (ii) a simple majority of the votes cast by
shareholders present in person or represented by proxy at the Meeting,
excluding the votes cast by such shareholders as are required to be
excluded pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions

…and here’s the screenshot…

…of the paydirt. It is done.

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