BUC, Not to be rude but what part of the definition of DIVERGE...

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cait11

458 Posts.

16/03/15

13:23

Post #: 14920500
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Originally posted by buc ↑

On the 30th Jan 2014 the company announced,

"During the quarter the Ablation JV (Mineral Ablation, LLC), of which Black Range owns 50%, continued to advance discussions with parties interested in deploying the 5tph Unit to their projects for field trials.

One such interested party is Western Uranium Corporation (see “Corporate” above).

These discussions continue.

During the quarter the Company has also been engaged in extensive discussions with its joint venture partner regarding the optimal forward strategy and corresponding budgets for Mineral Ablation, LLC.

The two parties have diverging opinions on how best to advance the commercialisation of the technology.

They continue to seek a resolution."

No menttion of,

2. The Wyoming Secretary of State administratively dissolved the company in November 2014.

3. The company's original registered agent, Eric Coates, was replaced by Boyd Branch in September 2013. Branch is a partner in U.S. financial firm Evermineral.

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BUC,

Not to be rude but what part of the definition of DIVERGE to you not understand? This is the legal requirement for release to shareholders. The phrase 'seek a resolution' is also a key point. But It is irrelevant if one member Coates was replaced by another member Branch as the registered agent. You are looking for an ablation unicorn.

Cait

BLR Price at posting: 0.3¢ Sentiment: None Disclosure: Not Held
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