Resolved "out of court" and as Luke says that is just "good...

Resolved "out of court" and as Luke says that is just "good business". There is a time to be a "Badass" and a time not to be. Luke is smart enough to know this. Well done I say.
By the way it is only $3.4 million in cash, the rest is issued shares (in escrow for 3 & 6 & 9 months).

Luke Creagh, Ora Banda’s Managing Director, said:
“The resolution of this matter, out of court, and to the mutual satisfaction of all parties, is just good
business. Importantly for Ora Banda, it helps clear the way for our Joint Venture with WesCEF to
proceed in a timely manner which would provide further funds to accelerate the development
opportunities within our gold business.”

Riverina Resources (and its associated entity) and Greenstone will receive (in aggregate) a total
consideration of ~$6.4 million, with $3.4 million in cash and, within 5 business days, the issue of
10,630,935 ordinary fully paid shares in the Company, which will rank equally with the other shares
on issue at the time and will be issued under the Company’s Listing Rule 7.1 capacity. The shares
will be issued to Greenstone and Abbotsleigh (with Abbotsleigh being an entity associated with
Riverina Resources).
The cash and shares are in exchange for the dismissal of the proceedings and the releases given
by Riverina Resources, Abbotsleigh and Greenstone. The shares will be subject to escrow from the
date they are issued: one third for 3 months, one third for 6 months and one third for 9 months.