The announcement seems to suggest this?
"The principal terms of the agreement for AVZ to acquire a 60% interest in the Manono Project from thecurrentholders, La Congolaise D’exploitation Miniere SA (Cominiere, a State-owned enterprise) and Dathomir Mining Ressources SARL (Dathomir, a privately owned company) are:
AVZ to pay Dathomir US$750,000 in cash within 30 days of execution of the agreement, and issue to Dathomir and its nominees 260 million shares upon satisfaction of all conditions precedent. "
AVZ Price at posting:
3.0¢ Sentiment: None Disclosure: Not Held