ADG 0.00% 0.4¢ adelong gold limited

Link to apply for Cosmo Shares, page-8

  1. 29 Posts.
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    i thought that was too good to be true, so what is the eligible DDD holder stated here on their website?

    . Cosmo Gold intends that each such Eligible DDD Shareholder will receive a minimum of $2,000
    worth of Shares at the Offer Price of $0.20 per Share applied for under the Priority Offer.
    On 21 December 2020, DDD obtained shareholder approval for DDD to distribute the Shares it holds in the Company in-specie
    to eligible shareholders of DDD (In-specie Distribution). DDD proposes to undertake the In-specie Distribution on 18 March 2021,
    which will result in the Eligible DDD Shareholders directly holding the Shares previously held by DDD.
    This Prospectus is issued, in part, for the purpose of supporting the Company’s application for admission to the Official List
    of the Australian Securities Exchange (ASX).

    Thanks
 
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