Investor relations advised me I would hold the same number of...

Investor relations advised me I would hold the same number of shares in Boart Longyear Inc (Boart Canada) as I do now in BLY, because there is 'no plans at this time to consolidate the shares'.

As for a buy out price, shares will simply be transferred, not bought. Ref excerpt:
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3.6 Boart Longyear Shares transferred free from encumbrance

(a) To the extent permitted by law, the Boart Longyear Shares transferred to Boart Canada under the Scheme will be transferred (subject to Boart Longyear's constitution) free from all security interests (including mortgages, charges, liens, encumbrances and interests of third parties of any kind, whether legal or otherwise).
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All pretty boring really. Except BLY will probably stuff it up, making it exciting.