SGQ 0.00% 2.5¢ st george mining limited

Ann: ACQUISITION OF HIGH-GRADE ARAXA NIOBIUM PROJECT, page-14

  1. 2gg
    123 Posts.
    lightbulb Created with Sketch. 18
    they already owned 100% of it in a listed company !
    why would they want to sell 90% ownership of it for cash and only retain a 10% equity holding?

    unless.... other issues, like multiple tailings dams being on top and immediately upsteam = will likely never be mined

    TSX company cashing out good on them
 
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