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Red Lake Madsen Mine Ltd LRTNF

Metals & Mining Gold
Pure Gold Mining Inc is a gold mining company, located in the heart of Red Lake, Ontario, Canada. Its vision is pure and simple, to build a profitable, multi-generational growth company in the world-class gold mining district of Red Lake. With 100%-owned, fully constructed operating PureGold Mine, a multi-million-ounce gold endowment, and significant exploration upside, the company's value-maximizing strategy is to pursue operational excellence, while investing in systematic exploration and phased expansions to fuel discovery and growth for the future.


GREY:LRTNF - Post by User

Red Lake Madsen Mine Ltd > Release clearly says...
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Comment by Cryptobreakon May 19, 2023 9:48am
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Post# 35456279

RE:RE:RE:RE:RE:Release clearly says...

RE:RE:RE:RE:RE:Release clearly says...Difference between vesting order and reverse vesting order:  A vesting order is a sale of assets; the good assets are taken out of the debtor company while the bad remain. A reverse vesting order is a purchase of shares in the debtor company. In a reverse vesting order, the bad assets – including liabilities and creditor claims – are removed, and the good assets stay in the company. ........  "A RVO is a purshase of shares in the debtor company"  which seems to be what is happening with PGM, it sure is confusing but in the WRLG aquisition of PGM news releases there is definitely no mention of this process and seems it its worded as to a straight out aquisition of the whole company assets and liability. ... I wish the situation was better explained and i guess only time will tell for sure...
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