EMR emerald resources nl

Ann: Third Supplementary Target's Statement, page-5

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    Dear welds,

    The Bullzeye owners will need to fund the business in the same proportion as their holding. So they need to repay the loan to the value of about 22%.

    Fatoomch is suggesting that in the future, Bullzeye will be funding its progress via capital raisings. Those Bullzeye shareholders that don’t participate will be diluted, meaning EMR owns a greater % of Bullzeye shares.
 
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