TBA 0.00% 2.6¢ tombola gold ltd

Ann: Sale of Gilded Rose Gold Project for $4M Consideration, page-22

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  1. 13,592 Posts.
    lightbulb Created with Sketch. 295
    In the audited half-yearly just a month ago they said:

    "The Directors note that the Group has in excess of 50,000,000 shares available in its placement capacity
    which could be utilised if a significant investor approached the Group and or for a capital raising if considered
    appropriate"

    So clearly they have this capacity, if required. Cos at this end have a right to, and usually do, request approval to issue shares to a limited extent at the AGM. No doubt AMG did so and still have this level of capacity remaining.
 
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