VKA 0.00% 0.9¢ viking mines limited

Ann: Acquisition of High-Grade Gold Projects in Western Australia, page-4

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  1. 539 Posts.
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    Huge dilution though, extra 518m shares (excl. perf shares) adding to the existing SOI of 313m = 831m post acquisition or $24m market cap (at 3c)

    410m shares to the vendors
    33m shares to mr. Thomas for advisory services
    75m 1c placement to mates (50% discount?!)
    85m performance shares


 
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