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Catalyst Copper Corp. CATXF



GREY:CATXF - Post by User

Comment by spade44on Oct 08, 2013 11:49pm
163 Views
Post# 21801704

RE:RE:RE:RE:I'm no expert

RE:RE:RE:RE:I'm no expertStill no clear if there will be a rollback: "Catalyst will reimburse TRL Holdco for expenses incurred by its Mexican subsidiary on the property from January, 2013, to closing of the revised agreement upon the completion of a placement or a financing arrangement by Catalyst of a minimum $1.2-million. " It just says they will reimburse TRL. It doesn't say when. It looks like it is possibly short term debt to resolve within the year. It can also be settled through financing. A roll back is not for certain.
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