TORONTO--(BUSINESS WIRE)-- Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”) announces that it has adopted a shareholder rights plan (the "Rights Plan ...
The Rights Plan is also intended to provide the Board sufficient time to make informed judgments and take actions that are in the best interests of Barnwell and all of its shareholders.
The rights agreement is set to expire on March 11, 2026, unless terminated earlier as outlined in the agreement’s terms. Pliant has stated that existing shareholders owning 10% or more before ...
This is often considered one of the last lines of defense. This defense tactic is officially known as a shareholder rights plan. It allows existing shareholders to buy newly-issued stock at a ...
The late-stage biopharma said the plan will issue one right for each share of common stock as of the close of business on March 24. The rights will initially trade with its common stock, and will ...
Cumulus Media has allowed its poison pill defense to expire, signaling the end of a yearlong effort to prevent a hostile takeover.
In addition, the renewal and amendment of the Corporation’s Shareholder Rights Plan was approved with 77.15% in favour and 22.85% against after excluding shares held by Navjeet (Bob) Dhillon, who is ...
The move, unanimously approved by the Board of Directors, is designed to prevent the possibility of any individual or group gaining control of the company through the open market without offering a ...
Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”) announces that it has adopted a shareholder rights plan (the "Rights ...
The Rights Plan is designed to ensure that all ASCU shareholders are treated fairly in connection with any take-over bid and to protect against “creeping bids”, which involve the accumulation of more ...