Proportional Allocation of Shares based on what you have in FFX, see release below.
Intention to Demerge Goulamina Lithium Project
Link Below to Release
- Intention to demerge Goulamina into a separate ASX listed entity1 • Demerger proposal includes Firefinch shareholders being rewarded with free shares in the new entity (Lithium Co) proportional to their existing holding
- Restructure to unlock the deep value in Goulamina following an outstanding DFS which confirmed Goulamina as one of the world’s best undeveloped hard rock lithium deposits
- The demerger will deliver shareholders an investment in two high quality companies: each delivering a clear focus on gold or lithium
- An Investment Bank will be appointed to advise Firefinch and Lithium Co on funding, partnership opportunities, offtake and the de-merger process
https://hotcopper.com.au/threads/an...ulamina-lithium-project.5896315/#.YRHK5_LiuUk
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- Ann: Further Viper Results and Commencement of Mining
Ann: Further Viper Results and Commencement of Mining, page-16
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