Replies to post #15573 on ~*~Mining and Metals Du Jour~*~

[JohnCM]

“We are continuing to experience process delays with the closing of this arrangement.”

A Definitive Agreement ( Contract ) is a mutually binding legal relationship obligating the seller to furnish the supplies or services (including construction) and the buyer to pay for them.
A Definitive Purchase Agreement is a legal document which records the conditions for a purchase/sale of a business. It is a mutually binding contract between the buyer and seller. It includes the terms and conditions for acquisition or purchase of a firm such as the purchase consideration, payment mode, structure of sale, and even the termination clause in case of a default among others.

There are risks with the purchase of any company stock. Some investors choose to speculate whether planned events will actually take place. Some choose a “wait and see” approach. If you are risk intolerant, you may choose to sit on the sidelines for now.