GBZ 12.5% 0.9¢ gbm resources limited

Ann: Mt Morgan Gold-Copper Project Area Update, page-2

  1. 3,942 Posts.
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    Just casually getting remunerated for the tenement we recently acquired.

    "The amended terms of the LOI sees GBM recover costs relating to the acquisition of EPM 17850:

     The terms of the Amending Agreement will see Smartset compensate GBM for a CAD $32,500 option payment plus other transaction related expenses (to a maximum of CAD $10,000) incurred by GBM to acquire EPM 17850.
     Smartset will also issue to GBM a further 380,000 post consolidation shares in the Company to compensate GBM for A$200,000 of shares that it issued to acquire EPM 17850 (see ASX:GBZ announcement July 1, 2021)."

    250k back to GBZ.

    Can't really fault this team, just executing consistently.
    Twin Hills shortly (hopefully).

    SF2TH
 
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