Tag archives: National Policy 62-202 –Take-over Bids – Defensive Tactics

Tactical defenses by targets: OSC and BCSC defer to target board decision to implement private placement in face of hostile bid

By Andrea Brewer and Kassy Corothers (Calgary) on November 14, 2016 Posted in Shareholder Activism

Further to our post on the Dolly Varden Silver Corp. (Dolly Varden) and Hecla Mining Co. (Hecla) decision, the Ontario and British Columbia Securities Commissions (the Commissions) recently released their reasons for their decision in July, 2016 (the Reasons) allowing Dolly Varden to proceed with a proposed private placement announced shortly after Hecla launched a … Continue reading

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