cdg and bci

Im confused about the announcement ?

I thought Cleveland Mining and Cleveland HK are two ifferent companies and Cleveland HK owns the iron ore projects and Cleveland Mining owns the gold projects.

So now BCI invests in Cleveland Mining (gold projects) to gain access to Cleveland HK wh owns iron ore projects ? noting extisting iron ore projects no subject the deal.

So why wasnt the $6 million paid to Cleveland HK as i thought Cleveland Mining was focussing on gold only ? and the Fe is in Cleveland HK.

Mmmm why not list HK EX C;leveland HK as a seperate company as its assets and potential make the gold assets look like chump change ?