From the ann of 19 April: "The Consideration Securities are...

From the ann of 19 April:

"The Consideration Securities are subject to a voluntarily escrow period of two years and the parties have entered into a Buy Back Deed pursuant to which, in the unlikely event that FIRB approval is not received for the transfer of the tenements to CSD, then the Consideration Securities will, subject to shareholder approval, be bought back by the Company for nominal consideration ($2). Note FIRB approval previously received for this transaction expired on 28th January 2016"

The shares have been issued; they are s/h's in CSD and the shares are held in escrow for 2 yrs. The $2  ONLY comes into play in the unlikely event that FIRB approval  is not received for the transfer of the tenements to CSD.

IMO there is zero chance of this and I will be happy to donate my shares to charity if approval is not given!!!!!!

All IMOO and pls DYOR!!