GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Pause in Trading, page-35

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  1. 6,975 Posts.
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    yes my take on it is, on completion of the dso, it will also trigger the cornerstone investor for tranch 2 to the tune of 4.4 million dollars of funding. i assume this is the corporate

    with the expectation that the DSO will be approved shortly, the Company is in communication with the investors regarding the proposed investments. Those agreements provided for a collective investment of A$3.6 million on tranche 1 (“T1”) received on 15 January 2019, and A$4.4 million due on Tranche 2.Further updates on the above will be provided in due course.
 
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Currently unlisted public company.

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