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M2R:AU
Gidji JV Exploration Update
Private equity group looking to challenge Baffinland shareholder rights plan
Dec. 20, 2010 08:04AM PST
Base Metals Investing The Winnipeg Free Press.com reports that Nunavut Iron Ore Acquisition Inc. is seeking to challenge Baffinland’s (TSE:BIM) shareholder rights plan
The Winnipeg Free Press.com reports that Nunavut Iron Ore Acquisition Inc. is seeking to challenge Baffinland’s (TSX:BIM) shareholder rights plan.
The story is quoted as saying:
Nunavut, which is asking the Ontario Securities Commission for an urgent hearing to cease trade the shareholder rights plan, held about a nine per cent stake in the company as of last week
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