The NKP had a news today relate to IGC.See No5 & 6. 5 Issue price or consideration 2,500,000 Ordinary Fully Paid Shares in respect of an Option Extension with International Goldfields (¡°IGC¡±) 921,000 Ordinary Fully Paid Shares and 3,360,000 Unlisted Options in respect of Corporate Advisory Fees. 6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets) Option extension fee to IGC to acquire 15% of South African Platinum Stake. Remuneration for corporate advisory services performed for the company
Does means deal with IGC will be delay????
IGC Price at posting:
23.0¢ Sentiment: None Disclosure: Held