WR1 winsome resources limited

Ann: Trading Halt, page-94

  1. 2,439 Posts.
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    Reading between the lines here.. and putting this out for discussion;

    "The option period is extended to 31 August 2025 at a cost of C$8.5 million in cash and the inclusion of a C$2m break fee payable to the Vendors if Winsome does not exercise the option"

    If Winsome takes up the Renard offer would that take $8.5m off the outstanding purchase amount?

    Else why would there be a line item stating: "the inclusion of a C$2m break fee payable to the Vendors if Winsome does not exercise the option"

    Trying to make sense of all this, cheers
 
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Last
12.5¢
Change
-0.005(3.85%)
Mkt cap ! $30.48M
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13.5¢ 13.8¢ 12.5¢ $92.71K 705.8K

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No. Vol. Price($)
3 471999 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 102326 3
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