I assume this going to be a TSX listed only stock with the 3 RTG shares for 1 SRM merger. Galeo (Eric Gutierrez) will earn 36% of Mabilo and Nalesbitan by drilling for equity and managing projects.
326m RTG shares on issue according to google finance , add in another 699m new RTG shares for the merger. Excluding the 36% RTG will own 64% of MABILO, RTG currently valued at $30m and RTG is acquiring a 51% interest (by earn in) in the Segilola Gold Project in Nigeria. 93M post merger valuation at the current 9c .
SRM Price at posting:
31.5¢ Sentiment: None Disclosure: Not Held