Con't....
Regardless of Pure Metals’ requests, Hawsons is accused of persisting with issuing the second tranche of shares to Shaw, which traded them for 4.3c – on a day when they opened on market at 15c.Pure Metals is seeking the difference in loss and damages, estimated to be around $4.3m.“There was collusion between Shaw and (Hawsons) with the object of (Hawsons) issuing the Second Tranche of Consideration Shares to permit Shaw to sell them in a manner contrary to Pure Metals’ instructions,” the claim says.
Pure Metals suing HIO for $4.3m, page-2
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
