WR1 1.33% 74.0¢ winsome resources limited

Plenty of time to work out the most appropriate way to fund...

  1. 1,001 Posts.
    lightbulb Created with Sketch. 961
    Plenty of time to work out the most appropriate way to fund this.... This provides WR1 with exclusivity....

    Ultimately, the Call Option Period may be extended until February 28, 2025,
    at Winsome’s sole discretion.
    c) The consideration payable by Winsome further to exercising the Call Option
    and closing of a Transaction has already been negotiated and agreed upon
    by the parties. Such consideration, the amount of which is provided for in
    the Call Option Agreement, shall be paid, in Winsome’s sole discretion, in
    cash, shares of Winsome or a combination of both. The first instalment
    would be payable on closing of the Transaction, and the second and third
    instalments would be payable respectively on the 12-month and 24-month
    anniversaries of closing.
    d) The Call Option Agreement provides for the Debtors’ right to sell, transfer
    or otherwise dispose of certain equipment (the Non-Core Assets), namely
    to allow the Debtors to monetize such assets in order mainly to finance the
    care and maintenance of the Mine and preserve the assets during the Call
    Option Period;
    e) Pursuant to a Transaction, Winsome would assume all mine closure and
    characterization, rehabilitation, restoration and remediation obligations of
    the Debtors associated with the Mine, and all environmental obligations of
    the Debtors in relation to the Purchased Assets, to the extent required by
    applicable Laws or as otherwise determined by the Court.
 
watchlist Created with Sketch. Add WR1 (ASX) to my watchlist
(20min delay)
Last
74.0¢
Change
-0.010(1.33%)
Mkt cap ! $160.0M
Open High Low Value Volume
75.5¢ 76.0¢ 73.5¢ $298.1K 399.4K

Buyers (Bids)

No. Vol. Price($)
5 34811 73.5¢
 

Sellers (Offers)

Price($) Vol. No.
75.5¢ 2418 1
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
WR1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.