CSD consolidated tin mines limited

help please, page-9

  1. 657 Posts.
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    fair enough but hall and chadwick treat the companies separately on one hand and not on the other.

    to quote that 19/4/16 notice 'Transfer of certain of the assets (including the tenements held by Snow Peak) to CSD will occur following settlement under the ASA while the necessary approvals and consents are obtained, including approval from the Foreign Investment Review Board (FIRB) for the transfer of the tenements to CSD. 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 settlement isn't complete until FIRB has ruled etc . Does anyone know if it did or if it hasn't got round to it yet ? I know it was previously approved and should have been a formality but ...

    just another known unknown to add to the list
 
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