GreenFirst Forest Products Inc. (ICLTF)

[RonnieD]

I just spoke to Sean at investor relations.
The combined company will be ratified on the 25th this month at Shareholder Meeting. Proxy voting.
Post-merger, an IMR shareholder will own 416 shares instead of 1000. (.416) however the combined company, to be called Kobex____ (not sure of whole name, but Kobex will be part of it) will have cash of $44 million instead of $22 million.
Share count will also be around 44 million - meaning $1.00 share in cash.
Trading on Vancouver also presently, but plan to add Toronto after an acquisition.
Not only will Roman Shklanka be installed as CEO (he is in the Canadian Mining Hall of Fame), but Alex Davidson, former Senior VP of Barrick Gold will be on the BOD. This marks the first time Mr. Davidson ever worked with a junior mining company.
The copper property on Vancouver Island will be scoped and further evaluated for $50k cost, however the new focus of the new company will be in the Precious Metals camp.
This is exciting.. These guys just do not fail with their track records.