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clock Created with Sketch. 19/06/23
19:13
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Originally posted by MikeMelb1969:
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In today's media release - " Hartree’s wholly owned subsidiary, Hartree Metals Investments SARL (HMI), will receive 213,268,000 share warrants across the 3 tranches which are convertible into Shares on a 1 for 1 basis for an aggregate of $1 with a four-year term. 19,450,000 Tranche A warrants have been issued. Shareholder approval will be sought at an Extraordinary General Meeting for the issuance of 135,109,000 Tranche B and 58,709,000 Tranche C warrants. The drawdown of Tranches B and C of the Hartree Incremental Facility will be conditional on Shareholder approval of the associated warrants. Further details of the terms, including the facility fees, of the Hartree Incremental Facility will be set out in a notice of meeting to be sent to Shareholders."
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"Everyone else basically gives them 1/3 of the company for nothing."
