Ann: Binding Term Sheet Executed for Lorena Project Acquisition, page-2

50m shares in TBA at 6c implied (3m dollars) and 5m in cash with 1m upfront and balance payable 6-9 months from cashflow.

To me this was the important bit:

About Tombola Gold Ltd
Tombola Gold (ASX:TBA) is a new Australian gold producer, with mining underway and expansion in progress
as the Company fast tracks to first cash flow in 2022.
Scoping Studies indicate potential for profitable operation (ASX Release - Scoping Study Propels Gold
Projects Towards Production – 26 July 2021).
The Mt Freda Complex consists of several gold mines including the Mt Freda Gold Project and Golden Mile
Project, which are in close proximity to core infrastructure in the area including roads and power, with the
Company already advanced in constructing its own gold processing plant on site. Tombola has a well
defined expansion strategy of utilising near-term gold cashflows to drive resource expansion with LOM
extensions and exploration focus.
The Company also holds the Burra Project located in South Australia, a world class copper, gold and REE
target, with a strategic tenement holding in a world-class domain. Burra covers 6,5002 km in the G2
Structural Corridor, which hosts Olympic Dam, Carrapeteena and Prominent Hill. The Company has secured
a $300,000 grant from South Australian Governments Accelerated Discovery Initiative.