CLZ 0.00% 0.1¢ classic minerals ltd

Ann: Classic secures $10 million to take Kat Gap to production, page-198

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  1. 2,083 Posts.
    lightbulb Created with Sketch. 323
    The pro-forma balance sheet that CLZ provided shows them receiving over $2M somehow as an advance for the Convertible Notes even though the shareholders had not yet voted at the General Meeting (or via online/proxy votes)

    CURRENT LIABILITIES
    Advance for Convertible Notes $2,127,000 ($2M+)

    In other words CLZ approved the CN's prior to any voting to support the issue of them!
 
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