Specie 1x 40c share Richmond vanadium for every 31 HRZ shares held on the register.
E.G. buy 1mil share now at current price for 68k, and get 13k in specie shares.
That’s nearly 20% of the SP in specie value….
Plus add about 10mil to HRZ balance sheet in the retaining the other 1/2 of Richmond shares.
hopefully we get some news out soon on the upcoming toll treatment in the new year.
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- Ann: Appendix 3A.5 Return of capital in specie distribution
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4 | 390000 | 0.040 |
1 | 14864 | 0.037 |
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Price($) | Vol. | No. |
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