CLZ 0.00% 0.6¢ classic minerals ltd

Ann: Classic secures $10 million to take Kat Gap to production, page-239

  1. 5,235 Posts.
    lightbulb Created with Sketch. 38
    2nd September 235,562,231 shares on issue

    add today 39,336,789 at 1.9c to offset debt takes the total to 280,536,953 which doesn't add up

    then add an additional 167,187,503 at 1.76c for note conversions and the total changes to 408,387,666

    again, it doesn't add up

    the appendix 3G announcement quotes 420,495,774

    take your pick, must be tough for them to keep track

    based on announcements, there's another $600k worth of notes still to be converted, that's around 34m more shares at the same price 1.76c but could be fewer issued if conversion rate is at a higher price
 
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