Some inserts from the ann which some have failed to see. FGF will be able to meet the CSE listing criteria but this is ultimately a decision for the CSE. A key driver to seeking listing on the CSE is due to FGF having around 30% of its portfolioexposure in the North American market, two high profile New York based Directors on its advisory business and an appetite to pursue opportunities across multiple asset classes throughout North America. FGF will make further announcements on its North American strategy prior to listing on the CSE.
They have also stated the risks that come with this and the less control shareholders will have. We had no control over a company that had been suspended for over 6 months anyway. It was sitting idle doing nothing. Now there is a glimmer of hope that if we relist on the CSE then we are back in the game. And if we do relist then it will give us greater access to bigger markets with two experienced investors we may get some great results. Holder's have to like it as it beat the alternative.
FGF Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
