TBH I didn't take a lot of interest in it.
I believe they put stress on the SP with continual sell pressure.
Sorry just noticed they blocked out the link I added.
www.proactive investors.com.au/
companies/news/939938/latin-resources-is-now-debt-free-after-concluding--convertible-security-funding-agreement-with-lind-partners-in-new-york-939938.html
Part of the articleAs part of the termination arrangements between the company and Lind, the following was agreed:
- Cash payment of $300,000 (paid on 29 December 2020);Balance payment of $900,000 (paid on 7 January 2021); and
- Balance payment of $900,000 (paid on 7 January 2021); and
- Issue of 20,000,000 unlisted options exercisable at $0.030 on or before 1 December 2022 (issued on 29 January 2021).
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- Ann: $2.5m Option Funding Agreement to Advance Projects in Brazil
Ann: $2.5m Option Funding Agreement to Advance Projects in Brazil, page-51
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