CXY 0.00% 0.3¢ cougar energy limited

appendix 3b..., page-3

  1. 67 Posts.
    From the MOU ann:

    "The MOU provides for DI to arrange two tranches of funding, the first of around $30m at the end of
    2008 (First Financing), and the second of around $250m at the end of 2009 (Second Financing),
    subject to achievement of agreed project milestones."

    "10m options to be granted immediately under the 15% rule, exerciseable on success of the
    First Financing."

    End of FY 2008?
 
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