Lani62.
what date ann was that in. The only one i could find was.
The total purchase price for Mining Group to acquire an initial 68% of the Project is USD$8,000,000, with the payments being made according to the schedule below (Table 3). Payment Date1 Payment amount (US Dollars) 12 months $750,000 18 months $250,000 24 months $250,000 30 months $250,000 36 months $250,000 42 months $250,000 48 months $6,000,0002 1 payment date mean payment must be made within the period specified from the date of signing of the option agreement (13th August 2013) 2 This payment will be made in cash or shares of Mining Group Limited, or a combination of both. If shares are issued they will be issued at a price calculated based on a day VWAP, or volume weighted average price for the thirty days prior to the date of exercise of the purchase option Table 3 – Payment schedule to acquire 68% of the El Roble copper project.
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Ann: Quarterly Activities and Cashflow Report, page-13
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