GBR great boulder resources limited
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News: GBR Great Boulder Says Shareholders Voted To Approve Demerger And IPO Of Yamarna Cu-Ni-Co...

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    11/11/21
    12:30
    Post #: 57492203

    Nov 11 (Reuters) - Great Boulder Resources Ltd (GBR) :

    • GBR CONFIRMS COSMO METALS SPIN-OUT
    • SHAREHOLDERS VOTED TO APPROVE DEMERGER AND IPO OF 100% OWNED YAMARNA CU-NI-CO PROJECT
    • COSMO METALS TO RAISE MINIMUM OF A$5M AND UP TO A$7M AT A$0.20 PER SHARE
    • APPROVED DEMERGER & IPO OF YAMARNA CU-NI-CO PROJECT INTO A ASX-LISTED BATTERY METAL FOCUSED VEHICLE, COSMO METALS
    • TO RETAIN UPSIDE EXPOSURE TO YAMARNA THROUGH A 41% TO 50% CORNERSTONE EQUITY HOLDING IN COSMO METALS
    • PETER BIRD TO BE NON-EXECUTIVE CHAIR OF COSMO METALS
    • JAMES MERRILLEES TO BE MANAGING DIRECTOR OF COSMO METALS
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7.3¢ 		Change
0.002(2.82%) 		Mkt cap ! $70.55M
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