On or about 24 December 2021, the Criminal Court in Lubambashi handed down a judgement, with Dathcom and Mr Johnston in absentia, to the effect that:
• the new share certificate along with the new shareholders’ register both identifying AVZI as a 75% shareholder of Dathcom were forgeries; • Mr Graeme Johnston (as the managing director of Dathcom) as well as the registrar of the RCCM were complicit in that forgery; • Mr Graeme Johnston was sentenced to three years in prison; • Dathcom was ordered to pay damages of US$50,000,000; and
AVZ Price at posting:
78.0¢ Sentiment: Hold Disclosure: Held