It is a FACT and is stated in the
- 15/05/24 09:57
- Summary: Options Prospectus
https://yourir.info/resources/c300f.../sum.asx/6A1207601/SUM_Options_Prospectus.pdf1.2.1 Consultant Offer The Company has entered into a consultancy agreement with Yu Yong Lu (Consultant) pursuant to which the Consultant has agreed to provide introduction, geological, project management and other services to the Company (Consultancy Agreement). Pursuant to the terms of the Consultancy Agreement, the Company has agreed to issue to the Consultant 5,000,000 Listed Options in part consideration for services provided. The material terms of the Consultancy Agreement are set out below: (a) Term: the term of the Consultancy Agreement is 12 months, unless terminated earlier in accordance with the terms of the Consultancy Agreement. (b) Services: the Consultant shall provide the following services to the Company: (i) assisting the Company in making introductions and facilitating negotiations with potential partners for future acquisitions; (ii) providing geological analysis and insights necessary for the acquisition of projects; (iii) managing and overseeing project activities to ensure they are completed within the stipulated timelines and budgets; and 5670-04/3438042_1 2 (iv) engaging with international investors, providing services which includes but not limited to; organising roadshows in Singapore, organising meetings with international investors, provide insight and strategy regarding to the Company’s social media, (together, the Services). (c) Fees: as consideration for the Services provided the Company has agreed to pay the Consultant the following:
(i) a cash payment of $200,000; and (ii) 5,000,000 Listed Options to the Consultant (or its nominees). (d) Termination: the Consultancy Agreement may be terminated by either party upon written notice to the other party.
