ADG 20.0% 0.4¢ adelong gold limited

Ann: IPO of Cosmo Newbery Gold Project, page-6

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    HIGHLIGHTS
     Company to seek shareholder approval to IPO Cosmo Newbery gold project
     Mandate executed to manage and underwrite proposed Cosmo IPO
     Proposed IPO to raise circa $4.5 million
     Proposed in specie distribution of Cosmo shares to existing shareholders

    didn't see that coming. Very good outcome, I would like to see a bit more cash thrown towards DDD operation costs..
    but hey free shares in a new gold company... winning
 
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