G79 0.00% 2.7¢ goldoz limited

Fura received the first tranche of their private placement on...

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    Fura received the first tranche of their private placement on October 10, and announced on October 17 the completion of the deal for ML 5572L from Azores Overseas Ltd for 100% of the quotas of Mozambican Ruby Ltda (MRL). Updates in the announcement on the New Energy Assets as well. You have to go back to announcements in June 2018 for details of what and who, but Fura issued 1,364,338 common shares of Fura and paid US$381,000 in cash to the Vendor. In addition, Fura paid US$993,900 to discharge certain liabilities of MRL.

    20191017-Fura-Gems-Inc-Announcement-re-completion-of-5572L

    So someone has been paid out at least.

    There are some statements of wash plant and drilling expectations by end of 2019 in there as well.
 
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