I reckon we will still all be scratching our heads when they...

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18,115 Posts.

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04/09/24

14:43

Post #: 75526123
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Originally posted by edgemac: ↑

There is a corporate advisory called Minerva Corporate based in Perth who have many clients in the mining industry including gold miners and Chinese contacts. Below is their statement of corporate services including merger and acquisitions.

Minerva Corporate Pty Ltd (ABN: 46 162 518 372) is an established corporate services team based in Perth, Australia, aiming to deliver value, transparency and quality to our growing portfolio of clients in the technology, natural resources, oil & gas and associated services sectors.The Minerva team collectively has over 50 years’ experience in providing corporate secretarial, listed company compliance and accounting functions to ASX and NSX-listed companies, as well as offering a carefully tailored selection of corporate advisory and IPO/RTO services to meet the requirements of our clients.

So it may be possible to summise that the name Minerva, Hong Kong office could have a connection with such a corporate advisory set up for asuch an acquisition.

For interest, Xiaowu is a woman's name and Li is a very common family name, so tracing who she is may be difficult. However it could be that she is a nominee from a Chinese Gold company that is our new purchaser. She may be a Director of such a company (maybe Chair or CEO) and the shares could be her bonus for making the deal.

This is guess work only and just an idea thrown in to help fill the current void.

Step 1, we have the extra Director
Step 2, we wait for the further explanation of the previous Sept 2 announcement.
Step 3, we find out the value of our shares.

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I reckon we will still all be scratching our heads when they release the announcement

MTC Price at posting: 26.0¢ Sentiment: None Disclosure: Held
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