PSL 0.00% 2.7¢ paterson resources ltd

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2

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    "Sale agreement of the Burraga Copper-Gold Project to Octo Mining Burraga Pty Ltd for A$2.85m"

    "8.8.2 Has the entity taken any steps, or does it propose to take any steps, to raise furthercash to fund its operations and, if so, what are those steps and how likely does itbelieve that they will be successful?

    Answer: Yes – the proposed sale of Burraga is due to settle within a week following thelodgement of this quarterly report. The balance of consideration due to be paid toPaterson Resources is $2,650,000 (see ASX announcement lodged 11 June 2024)"

    Who gets the other $200,000.00??

    What will the $2,650,000 be used for??


 
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