And from the announcement, Novus Capital will receive (subject to Shareholder approval)
1. $30,000 in brokerage fees (6%).
2. 65m options with an exercise price of 0.6c, expiring in 3 years from issue.
3. 10,000,000 shares and 3,333,333 options with an exercise price of 0.6c, expiring in 3 years from issue as a management fee for the placement.
So $30k cash fee, 10m free shares and 3m options as a 'management fee', and 65m free options at 0.006?
Yea riiiight. That sounds like a good deal for FIJ shareholders!! Well done to the FIJ Executive and Board - really, excellent work.
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