CRL 0.00% 2.0¢ comet resources limited

looks like divesting the asset, in exchange for equityCRL to...

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  1. 2,194 Posts.
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    looks like divesting the asset, in exchange for equity

    CRL to gain 40,000,000 Shares in International Graphite at IPO (about 25%) and have a board member appointed to the new IPO entity

    IG will own the asset (springdale)

    The IPO values springdale at $8m, and will seek to raise a further 6-8mil on listing.
 
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Currently unlisted public company.

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