Augustus Minerals Ord Shs AUG

Primary Symbol: AUGMF

Metals & Mining Industrial Metals & Minerals

Augustus Minerals Limited is an Australia-based exploration company. The Company is engaged in exploring for lithium, rare earths & copper in a large tenement package located in the Gascoyne Province of Western Australia. The project covers approximately 3,600 square kilometers (km2) of granted and under application tenements located in the Gascoyne Province, in the Shire of Upper Gascoyne and the Shire of Carnarvon. The Ti Tree Shear Project is located about 200km inland from Carnarvon and is in the shires of Upper Gascoyne and Carnarvon. The Project area is prospective for copper, gold, nickel, platinum group metals, molybdenum, rhenium, lithium, and rare earth element mineralization. The project's tenement package is categorized into four main project areas: Crawford Bore, Lyons Central, Minnie Springs, and Mt Phillips Area. Capricorn Orogen Pty Ltd is a wholly owned subsidiary of the Company.

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Augustus Minerals Ord Shs > 3 Way Split....How does that play out?

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Post by gpsairgoldteamon Jan 31, 2020 1:46pm

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Post# 30626559

3 Way Split....How does that play out?

I've not experienced a company/share split before. How would the 3 shares be valued? Surely not equally. Someone please correct me, but I would not want to be diluted by a third on my Peru investment. Would I end up with 2 shares that few investeors want? I realize i'm a newby in this situation, but I don't like the sound of it. I would appreciate if anyone could explain. Thanks.

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