MON 0.00% 29.5¢ monarch gold mining company limited

1 for 3 consolidation 75m capital raising , page-5

  1. 327 Posts.
    flick15

    Key points summary:
    • MK say one of his gold mine is a Crock (Walhalla) bought from Croesus,
    • Tough quarter, burned $21m , ops loss $10m, 3663 once gold produced
    • MK own 13% and bought 2m more shares for $513k
    • End of qtr has 428k and has $11.7 m post qtr raising
    • Undertake 1 for 3 share consolidation and raise $75m in Canada before TSX listing.
    for more datails read page 20 of AFR
 
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Currently unlisted public company.

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