The Canadian investors have announced plans to wage a proxy fight to gain four seats on the company's 14-member board of directors.
The company eventually raised $14 million, mainly from European and Canadian investors.
Canadian investors and analysts seemed to like the Oppenheimer acquisition.
They've recently been negotiating with a group of American and Canadian investors.
That plan was dropped after some Canadian institutional investors began a court challenge.
In 1992, renewed interest by Canadian investors led to the establishment of a new mining claim.
Why are foreign investors allowed more favorable tax treatment than Canadian retail investors?
The airline's 22,000 employees get first chance at buying the shares, followed by small Canadian investors.
But so far, 1990 has not been great to foreign or Canadian investors.
The Canadian investor was cagey, obviously unwilling to say what he knew.