b. ( page 20 )
On December 1, 2014, the Company entered into an agreement with Electra Stone Ltd. (“Electra”)
(formerly Electra Gold Ltd.) to form a Strategic Alliance (the “Alliance”) with MGX Minerals Inc. (“MGX”) for the purpose of jointly developing industrial mineral properties. The Company agreed to transfer the Longworth Property to Electra, and Electra agreed to transfer to MGX an exclusive and irrevocable 50% in the Longworth Property.
The Company will transfer 100% title to Electra upon receipt of 666,667common shares of MGX. Electra will then transfer 2,000,000 shares to MGX and 50% interest in the Property and enter into a Joint Venture Agreement. MGX will spend the first $100,000 of the exploration costs, Electra will spend the next $100,000, and then split the costs 50-50 moving forward.
The agreement received conditional TSX-V acceptance on February 18, 2015
https://www.zimtu.com/pdfs/2014-Q4-MDA.pdf Page # 1 ( pdf link above )
Flow Energy = Zimtu Capital Pool
History of the Company
The Company was incorporated on July 4, 2006, under the Business Corporations Act of British Columbia under the name “Flow Energy Ltd.” Is Flow energy still trading ? ( internet search )
In 2018 it was bought by Co-op Energy, though tariffs continued to be sold under the Flow Energy name. However, in 2019 Octopus Energy acquired all Flow Energy customers and the supplier ceased trading.Aug 17, 2021
Octopus Energy Octopus Group - Octopus Capital ( HDQ in London )
Octopus Energy Group is a British renewable energy group specialising in sustainable energy. It was founded in 2015 with the backing of British fund management company Octopus Group, a British asset management company. Tad more info.
My question is... has Andris parted ways with Jared ?
Seems Jared is somewhat apart of Lake Winn Resources as consultant.
Zimtu has shares of Lake Winn.
Such points to, Jared keeping to Zimtu, but has Andris ?
Maybe Andris is on his own - hence the snail pace to regroup
with no help ?
Let's suppose there was a parting ways.
Jared with Zimtu or Lake Winn,
would or could this explain the oddity of.... brine claims
silica claims
niobium claims
and the infamous Tillicum clains ( not mentioned in last / press )
Who knows...
Octopus Energy Co - tis interesting
If Andris ( by chance ) is by himself...
he should call a meeting of shareholder support.
Round table advice to keep our assets since it appears quite stacked
on the other side. Not quite fair halting stock while orhers have free reign.