NKP 0.00% 9.9¢ nkwe platinum limited

What do these 250M shares relate to?????"Following shareholder...

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    What do these 250M shares relate to?????

    "Following shareholder approval to acquire a 59% interest in the Tubatse Project from Genorah at the
    Annual General Meeting, the option was exercised on 7 January 2009. The Company issued
    250,000,000 ordinary fully paid shares to Genorah Resources as consideration for the acquisition.
    These ordinary fully paid shares are subject to a 12 month escrow period in accordance with the
    Australian Stock Exchange Listing Rules."

    It appears Genorah had these funds placed with Rab Capital. The same fund which initially received a placement of shares from ANZ. Interestingly RAB is a Londan Based capital organisation. My only question from this paper trail is you cant cease being a substantial for escrowed shares unless someone else becomes one. Very frustrating............but i suspect the news will be positive and revealed soon enough with the CN debt disclosure
 
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