TON 0.00% 1.1¢ triton minerals ltd

Ann: Jinan Hi-Tech Agrees to $19.5m Investment in Triton, page-175

  1. 26,994 Posts.
    lightbulb Created with Sketch. 3139
    we only sold 15% of the company for 4.1c

    the other as you know just as if I sold my shares to some one else.

    but yes , now jinan own 34%
    great strategic cornerstone .

    our success as come producer is aligned with theirs to keep a tight capital structure.

    People who say we sold 34% of the company are factually incorrect . That language implies as if we had given as much dilution away . When in fact most of it was just a transfer of ownership of existing equity at an agreed price . Just like an off market transfer buy/ sale .
    Last edited by stevenjd: 29/06/19
 
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