DUO 0.00% 0.9¢ dourado resources limited

Ann: Agreement to Purchase North Minerals Pty Ltd, page-18

  1. 29,755 Posts.
    lightbulb Created with Sketch. 4
    re: Ann: Agreement to Purchase North Minerals... march 10 link

    www.theaustralian.com.au/business/dourado-plans-to-spin-off-uranium-assets/story-e6frg8zx-1225838879189

    "n addition, Whitvista's holding was transferred to The Lennonville Exploration Trust, of which his son-in-law Paul Taylor is a beneficiary, and Triumph Mining, a company associated with Dourado chairman Emilio Del Fante. The shares are subject to a two-year escrow period.

    The ASX confirmed last week that it would examine Dourado's planned acquisition of North Minerals after it emerged that the target's largest shareholder had received a $2.5m loan from a company with links to Scook.

    A company controlled by his long-time business partner, Carol Hardie, also owns an 18 per cent stake in North Minerals.

    The deal requires shareholder approval.

    A lawyer acting for the company, David Sanders of Lavan Legal, has said the proposed acquisition did not contravene the agreement not to engage in business dealings with Scook.

    .
    .
    .

    perth certainly has a well earned reputation, as being a great place to live
 
watchlist Created with Sketch. Add DUO (ASX) to my watchlist

Currently unlisted public company.

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