Mirage Energy Corp (MRGE)

[norweger1979]

If MRGE gets bought out by company XX there are several different scenarios depending on the deal structure.

Buyout for cash - buyout price is set ($1.00 /share for example) and existing shareholders will receive $1.00 cash/share

Buyout in cash/stock deal - buyout price is set ($1/share for example) and existing shareholders receive a mix in cash and stock/shares in the acquiring company adding up to $1.00/ share (for example $0.50/ share in cash and rest in shares of acquiring company XX worth $0.50/ share) which would be a 50/50 cash/stock deal

Buyout in share exchange - buyout price is set /negotiated ($1/ share for example) and shareholders of MRGE will become shareholders of acquiring company XX in equal amount as in $5,000 worth of MRGE stock will now be $5,000 worth in company XX in your account.

Depending on deal structure there are tax consequences and future ownership percentages for MRGE shareholders

With that said, I don’t see a buyout prior to project announcements OR updated financial commitments from BLUE BELL