FFX 0.00% 20.0¢ firefinch limited

Ann: Further Viper Results and Commencement of Mining, page-16

  1. 3,448 Posts.
    lightbulb Created with Sketch. 809
    Proportional Allocation of Shares based on what you have in FFX, see release below.

    Intention to Demerge Goulamina Lithium Project

    • Intention to demerge Goulamina into a separate ASX listed entity1 • Demerger proposal includes Firefinch shareholders being rewarded with free shares in the new entity (Lithium Co) proportional to their existing holding
    • Restructure to unlock the deep value in Goulamina following an outstanding DFS which confirmed Goulamina as one of the world’s best undeveloped hard rock lithium deposits
    • The demerger will deliver shareholders an investment in two high quality companies: each delivering a clear focus on gold or lithium
    • An Investment Bank will be appointed to advise Firefinch and Lithium Co on funding, partnership opportunities, offtake and the de-merger process
    Link Below to Release
    https://hotcopper.com.au/threads/an...ulamina-lithium-project.5896315/#.YRHK5_LiuUk
 
watchlist Created with Sketch. Add FFX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.