re: Ann: Mutiny Gold to move to 100% ownershi... It does state:
a) the maximum number of securities to be issued is 80,000,000 Shares;
(b) the Shares will be issued no later than three (3) months after the date of the General Meeting
(or such later date to the extent permitted by any ASX waiver or modification of the ASX
Listing Rules) and it is intended that allotment will occur on the same date;
7
(c) the issue price of the Shares will be not less than 80% of the volume weighted average
market price for Shares calculated over the 5 days on which sales in the Shares are recorded
before the day on which the issue is made;
(d) the Shares will be issued to institutional or sophisticated investors to be determined by the
Directors, and none of the subscribers will be related parties of the Company;
(e) the Shares issued will be fully paid ordinary shares in the capital of the Company and will rank
equally with the Company?s current issued Shares;
(f) the funds raised from the issue of the Shares will be applied to fund the Company?s payment
of $6 million to Redhill Resources Corp (formerly ATW Gold Corp) to acquire a 70%interest in
the Gullewa tenements and to fund an expanded drill program.
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