Must have been hard to keep a straight business face when they discovered the visible Spod asset >7% and settled for $800,000.
The Term Sheet gives OzAurum the exclusive right to conduct due diligence, and if satisfied with its
due diligence investigations, be granted an Option to acquire the Project for total consideration
(including Option fees) of USD$800,000 paid in cash instalments over 24 months.
Ann: OzAurum Raises $2.4m in Share Placement, page-64
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