Hey! You don't owe anyone an explanation but as I'm a Novice and you having been a respected member of this Group I'm interested in understanding your method of getting access to your funds.
Depending on whether you have a profit or a loss in ARU and whether or not you hold it inside or outside of an RRSP there are tax implications.
Outside an RRSP tendering does not generate a capital gain/loss. Selling does.
I am keeping most of the K shares until the price improves.
I am selling the warrants and some of the shares for other investments.