I found this interesting. It's apparently a requirement to be listed on TSX-V. 

"Shares not already owned or controlled by the Wyloo Parties (the “Automatic Squeeze-Out“), including those Common Shares that are the subject of a Retention Election. Such Automatic Squeeze-Out is intended to protect Shareholders by ensuring that all Common Shares will be purchased by Wyloo Canada under the Arrangement if, after the completion of the Arrangement, Shareholders (other than the Wyloo Parties) would not hold a sufficient percentage of the outstanding Common Shares for Noront to meet the continued listing requirements of the TSX Venture Exchange. The Wyloo Parties and any person acting jointly or in concert with the Wyloo Parties are not entitled to make a Retention Election."