EXS 0.00% 26.0¢ exco resources limited

Ann: Boardroomradio Broadcast with Michael Anders, page-3

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  1. 7,121 Posts.
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    re: Ann: Boardroomradio Broadcast with Michae... sell off of resources is occurring across the board.

    according to email (as posted here last night) further detail in coming days:

    "N.B. Shareholders can expect to receive a Notice of Meeting within the coming days, ahead of a shareholder meeting to approve the sale of the CCP in early June. I would like to point out that the Board of Exco has volunteered to seek shareholder approval for the sale, given the strategic importance of the asset / transaction. I would also like to clarify that the sale will only require approval of an ordinary resolution by a simple majority (i.e., more than 50% of those voting); there are no applicable thresholds."

 
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