Examples of Silvermet Shareholders in a sentence
Silvermet Shareholders in the United States should be aware that such requirements are different from those of the United States applicable to registration statements under the U.S. Securities Act.Specifically, information concerning the operations of Global Atomic and Silvermet contained herein has been prepared in accordance with Canadian disclosure standards, which are not comparable in all respects to United States disclosure standards.
Evans & Evans’ conclusions as to the fairness, from a financial point of view, to the Silvermet Shareholders of the Proposed Transaction were based on its review of the Proposed Transaction taken as a whole, in the context of all of the matters described under “Scope of Review”, rather than on any particular element of the Proposed Transaction or the Proposed Transaction outside the context of the matters described under “Scope of Review”.
The Silvermet Shareholders will also be asked to consider and, if deemed advisable, pass a special resolution approving the change of name of Silvermet Inc.
Roman, Lehari, Scharf and Rance, having recused themselves and with Mr. Zarraonandia Ayo abstaining) approved the Transaction and recommended that Silvermet Shareholders vote to approve the Transaction.
Proxies will be so voted unless Silvermet Shareholders specify otherwise in their proxies.APPROVAL OF THE STOCK OPTION PLANCurrently, the stock option plan of the Company (the “Stock Option Plan”) is a 10% “rolling” stock option plan.
Upon completion of the Transaction, not accounting for the Global Atomic Shares issued pursuant to the Transaction Financing, it is expected that the Former Global Atomic Shareholders will own approximately 50.0% of the Silvermet Shares (49.3% on a fully diluted basis) and Silvermet Shareholders will own approximately 50.0% of the Silvermet Shares (50.7% on a fully diluted basis).
In considering fairness, from a financial point of view, Evans & Evans considered the Proposed Transaction from the perspective of the Silvermet Shareholders as a whole and did not consider the specific circumstances of any particular shareholder, including with regard to income tax considerations.
Upon completion of the Transaction, it is expected that the Former Global Atomic Shareholders will own approximately 50.0% of the Silvermet Shares (49.3% on a fully diluted basis) and Silvermet Shareholders will own approximately 50.0% of the Silvermet Shares (50.7% on a fully diluted basis).
Forward-looking statements and pro forma information contained herein is based on certain assumptions including that Silvermet Shareholders will vote in favour of the Transaction Resolution; that all other conditions to the Transaction are satisfied or waived; and that the Transaction will be completed.
Based upon and subject to the foregoing and such other matters as we consider relevant, it is our opinion, as of the date hereof and the Date of Review, that the terms of the Proposed Transaction, as outlined in section 1.02, are fair, from a financial point of view, to the Silvermet Shareholders.