AGR 9.09% 2.4¢ aguia resources limited

Ann: Proposed issue of securities - AGR, page-4

  1. 2,186 Posts.
    lightbulb Created with Sketch. 331
    why???

    clearly states:
    AGR: 6,570,923 @ 9c
    AGRAW: "Issued for nil consideration as part of the terms of the placement" (6,420,923 @ 18c exp 31-MAR-2023)
    AGRAV : "Issued as remuneration to NED Dr David Carland following shareholder approval at the EGM held on 2 July 2021."

    for the purpose of "Working capital, remuneration to a director"
    Working capital probably means a payoff to resolve the recent legal proceedings (my opinion only)



    from the AGM notice:
    https://hotcopper.com.au/data/attachments/3329/3329951-41e48a9c95b917a6c33f8118c6e62de2.jpg

 
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