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Western Copper and Gold Corporation (TSX:WRN, NYSE:WRN) announced that they are adopting a shareholder rights plan and an advance notice policy. As quoted in the press release: The Rights Plan is intended to ensure, to the extent possible, that all holders of common shares of the Company and the Board have adequate time to consider […]
Western Copper and Gold Corporation (TSX:WRN, NYSE:WRN) announced that they are adopting a shareholder rights plan and an advance notice policy.
As quoted in the press release:
The Rights Plan is intended to ensure, to the extent possible, that all holders of common shares of the Company and the Board have adequate time to consider and evaluate any unsolicited take-over bid for the common shares of the Company, provide the Board with adequate time to identify, solicit, develop and negotiate value-enhancing alternatives, as considered appropriate, to any unsolicited take-over bid and encourage the fair treatment of the Company’s shareholders in connection with any unsolicited take-over bid.
To view the whole press release, click here.
