WKT 8.57% 9.6¢ walkabout resources ltd

Ann: Board Changes, page-73

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  1. 16,468 Posts.
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    Hi Farmer and @cazz69

    The only information I can find about Battery Metals Capital Group LLC, is regarding an investment in another ASX listed company,
    Very similar deal to WKT, where they were issued shares (fee) for providing X million of funds to the company, that were later to be to be converted into shares at the choice of the Investor.

    Around 6-8 months later the ASX listed company mutually agreed to cancel the agreement with Battery Metals Capital Group LLC where the company then raised $X mil at a similar SP to the original agreement.

    It seems pretty odd that Battery Metals Capital Group LLC didn't convert their loan into shares.

    I wonder if WKT will see a similar fate.




 
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