I think we need Mr Novak to respond to this formal offer. Lets see, the first offer was over our a long weekend with an actioned response required by Monday with limited access to all board members. Now the formal offer set to expire in advance of Mr Novak's next board meeting set for July 8, 2010. Cliffs is good at getting what they want. SP crashes in advance of the special meeting....deal is of the table...what is the reason for the "special" board meeting as assigned by Mr Novak. Not a lot of time before July 6th...coming very fast. Opionion anyone?
VIA ELECTRONIC TRANSMISSION
May 28, 2010
TO ALL APPLICABLE EXCHANGES AND COMMISSIONS:
RE: SPIDER RESOURCES INC.
Confirmation of Notice of Record and Meeting Dates
We are pleased to confirm that Notice of Record and Meeting Dates was sent to The Canadian Depository for
Securities.
We advise the following with respect to the
Special
Meeting of Securityholders for SPIDER RESOURCES
INC.
1. ISIN: CA84844C1077
CUSIP: 84844C107
2. Date Fixed for the Meeting: July 8, 2010
3. Record Date for Notice: June 4, 2010
4. Record Date for Voting: June 4, 2010
5. Beneficial Ownership Determination Date: June 4, 2010
6. Classes or Series of Securities that entitle the
holder to receive Notice of the Meeting: Common Shares
7. Classes of Series of Securities that entitle the
holder to vote at the meeting: Common Shares
8. Business to be conducted at the meeting: Special
Yours Truly,
EQUITY TRANSFER & TRUST COMPANY