Re: ARE WE MISSING AN OPPORTUNITY ??
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Message: ARE WE MISSING AN OPPORTUNITY ??
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I sent this email to the minister....
To whom it may concern:
I am a shareholder of Century Mining (CMM) a Canadian company traded on the TSX.
A takeover bid by White Tiger Gold (WTG), which is a foreign registered company controlled almost 100% by a Russian group, has won approval by the regulatory bodies and now appears to own and control Century Mining (CMM).
There appears to have been a number of regulations that were not adhered too in the approval process. The board of directors did not act in the best interest of the shareholders. The shareholders are being forced to accept a dilution of the share value and are now having to submit to being totally controlled by a foreign entity.
I believe that there needs to be a complete review of this takeover of a Canadian company by a foreign owned body.
Century Mining has over $15 Billion of proven gold in the ground with it's Canadian and Peruvian mines and is pouring gold bricks. It has now been forced to dilute it's assets with the seemingly unproven and overstated assets of this conniving Russian group.
To tie the assets of Century Mining to Russian control, headquartered in a third party foreign land, IS NOT in Canada's best interests or the interest of the shareholders trusting in the regulatory system that allowed this.
Too many compliance's, regulations and requirements have been overlooked in this merger.
Please inform me, that a review of the application and takeover, shows it to be in compliance with the INVESTMENT CANADA ACT.
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