CMY
You are reading it wrong
They reneged on the 2015 payment
This payment is to settle the dispute
They now are doing 90 days of due diligence to potentially buy 50.1% of that Canadian business
Go back and read the 2015 announcements
CMY haven't bought anything. They simply are doing DD and paying cash for a reneged transaction from years ago
Big DYOR
No terms of deal provided. These guys chase the bright lights, hence the cobalt deposit too !
- Capital to receive a final settlement; C$250,000 in cash payment and the rights to negotiate an investment in BCC
