LRS 50.0% 18.0¢ latin resources limited

Ann: Application for quotation of securities - LRS, page-13

  1. 9,663 Posts.
    lightbulb Created with Sketch. 5056
    I take back what I wrote. I was wrong. I think the company has combined a number of transactions in one.

    First part is the creation of shares for the gold tenement in NSW (6,000,000 shares)

    Then there are two Salinas references:

    315,038 shares for tenement (Granitos Salinas)

    and

    315, 038 for tenement (Carlos Omeles)

    The ANN on Wednesday didn't give any detail about what we were paying for the option agreement. I assume this means we paid 630,000 shares for the land (pretty cheap deal IMO assuming there's no other cash involved).
 
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