VMC 11.3% 7.1¢ venus metals corporation limited

Ann: Rox & Venus to Consolidate Interests in Youanmi Gold Project, page-5

  1. 767 Posts.
    lightbulb Created with Sketch. 59
    Close to 1:3 Ratio, implies circa 9c per share in value received per VMC share.
    Plus don't forget the 9c in value in VMC shares that VMC will hold on escrow.
    That's 18c value, then you have the $5m cash and other assets that VMC hold.
 
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