You may recall GAU farmed out Liberty Mining and the Cambodia propects to Transol Corporation earlier this year for 20m shares at 4c, 10m 2c options, some cash and the assumption of debt.. a transaction of around $2M or so.
Is there any thoughts or words on if the GAU board are supporting the Transol bid to issue 30% more shares at what appears to be a third less than the price paid to GAU in Feb?
the near 7% is a reasonably sized blocking stake and investment....soon to be 4% if GAU dont participate.
cheers.
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