AUJ augustus minerals limited

vil acquires silverwood share via pass...

  1. 2,568 Posts.
    FYI...

    "In addition to the previously announced Share Sale Agreement Verus has negotiated the inclusion of Passs 30% working interest (WI) in the Silverwood project - previously quarantined from the merged assets. The Silverwood project was this week announced as an oil discovery by the projects operator....

    The inclusion of Passs Silverwood interest for nil consideration clearly demonstrates the support and commitment from the Pass group towards Verus in which they will become significant investors.

    As a scrip only deal, the Pass shareholders clearly support the interests and management of Verus."


 
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