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In most Canadian M&A transactions, shareholders are entitled (both by statute or court docket order) to dissent from a transaction and be paid the honest worth of their shares. Most dissent and appraisal circumstances settle, with the end result that there are comparatively few court docket selections of be aware. Absent settlement, a court docket should decide the honest worth (FMV) of the shares. Within the mining context, this job could also be difficult by the prospect of valuing exploration lands unsupported by a “NI 43-101” (Requirements of Disclosure for Mineral Tasks) report or information demonstrating financial miner
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