This is interesting , I am interested to know how much shares...

This is interesting , I am interested to know how much shares the current shareholders are going to get in this new company.
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The Company notes that it is in negotiations on two possible material transactions.  The first transaction involves the spin out of Creso’s nutraceutical and otherCBD assets into a new company to be listed on ASX (“Newco”), coupled with a material investment intNewco  by,  and  the  grant  of  a  licence  by  Newco  to,  a  third  party largeinternational distribution company