the next alkane?, page-10

from the ARV announcement - they have 10% free cary (bought from ??)

Of the sale proceeds, $1 million is payable on completion and a further $1 million will be received by
31 October, 2011. A further $2m will be payable to Artemis on Hastings achieving a bankable
feasibility study for the project and obtaining a formal offer for project financing.
The sale of Artemis? 60% interest, which was acquired in December 2009 for $150,000 and 3 million
Artemis shares, represents a significant return on the initial purchase price.
Artemis has retained an ongoing interest in the project by acquiring a 10% free carried interest.