Pasofino Gold Introduces Shareholder Rights Plan

Pasofino Gold (TSE:VEIN) has released an update.

Pasofino Gold has implemented a shareholder rights plan to protect its strategic alternatives review process and ensure fair treatment of all shareholders in the event of a takeover bid. The plan allows existing shareholders to purchase additional shares at a discount if an entity acquires 20% or more of the company without following the plan’s provisions.

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