"In consideration for the acquisition of all of the outstanding share capital of Cobalt Industries, the
Company has issued 6,900,000 common shares. All securities issued in connection with the acquisition
are subject to an eighteen month escrow arrangement restricting resale of the securities. Under the terms
of the escrow arrangement, the securities will be released from escrow in five equal tranches, with the
first release occurring six months following completion of the acquisition."
Der Deal erfolgte gegen 6,9 Mio. Shares in escrow (18 Monate Sperre). Und kein Cash geflossen...
Bericht aus 2010 liegt zu Grunde.
"The claim group is located adjacent to the former producing Keely Frontier Mine in South Lorrain
Township, Ontario. This mine produced a total 19,197,400 ounces (597,096 kg) of silver and 3,310,600 pounds (1,501,655 kg) of cobalt from 332,000 tons (301,185 tonnes) of ore between 1907 and 1965. Source: “Technical Report On Keeley Frontier Project, South Lorrain Township Larder Lake M.D. Ontario For Canadian Silver Hunter Inc.” by G.A. Harron P.Eng., G.A. Harron & Associates Inc, December 31, 2010."
Jan 23 2017 - 12:34:55 ET - News release - English
http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issu…
Was soll denn hier der Plan sein ?