It appears they also received some shares as well as the cash
"a) 4,250,000 shares in the Company were issued at par and US$100,000 was paid to E A B Booyse and F R Booyse for the claims, being a 40% interest in the Alluvial prospecting contract and a 39% interest in the kimberlite prospecting
contract relating to the Luangue Concession in Angola, and 100% of the issued share capital in Frannor Investments and Financing (Pty) Limited.
b) The Company has entered into a consultancy services agreement with effect from 1 March 2005 with Amari Management Services (Pty) Ltd ('Amari'), a company in which two non-executive directors of the company are beneficial owners. Under this agreement, Amari had agreed to provide the following services at a monthly fee based on usage, these services being terminable on six
months written notice:
It appears they also received some shares as well as the cash"a)...
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