VTX 2.70% 18.0¢ vertex minerals limited

Ann: NexGen Due Diligence Complete - Outstanding Results Achieved, page-375

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  1. 4,715 Posts.
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    This may have been replied to before, but the threads are soooo long, I hope some of our learned HC colleagues may answer this quickly. Part of the Agreement states " VTX paid a non-refundable cash deposit of $100,000 upon execution of the Terms Sheet to NexGen as initial consideration, and shall issue 240,000,000 shares and 160,000,000 performance shares to the vendors."

    What, when, how will these share issues impact current pricing and future pricing. I am not clear in how I should decipher this. All legitimate responses will be appreciated. Doomsayers and knockers need not reply.

    Apologies if discussed previously
 
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