The Date of Record :will be is flexible between 5days after Passing of Resolution 2 which would be start 26th Dec and up to 6mths after which would be till 21st July 2021.
Resolution 2: is about approving the Speccie distribution so sit tight till at least the New Year. Everything running smoothly the Record Date will be as early as possible but things do not always run smoothly.
Priority Offer; If you get less than $2000AUD worth of Cosmo Shares at $.20 value you will be offered more to bring it up to $2000 worth. They may offer to others who have over 2000 worth. Nice gesture
Public Offer; They plan to raise minimum $5mil and up to $6mil. Also for every 2 shares bought in the Public offer 1 Option will be granted.
RM Corporate are handling the Public Offering so its as usual Accredited/Sophisticated Investors only I imagine.
It seems like a fair Sale of the Asset at a time the Market will jump at this opportunity and while we have good relations with the land owners rather than leaving it on the back burner with DDD.
We all get in on the ground floor of a Prospective Gold Asset that should be in good hands.
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