GREY:NWSKF - Post by User
Post by
goindeeperon Jan 10, 2014 8:20am
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Post# 22077160
Lorito and Zebra Holdings are controlled by Lukas Lundin
Lorito and Zebra Holdings are controlled by Lukas LundinFrom Jan 3, 2014 management information circular:
Lorito Holdings Ltd. and Zebra Holdings Ltd., as joint actors(1) hold 16,454,800 or 14.32% of the total shares
Of the 16,454,800 shares, 9,329,800 are held by Lorito Holdings Ltd. and 7,125,000 are held by
Zebra Holdings Ltd.
I thought he controlled more NES shares than that, up to the 25% range. He must hold some shares personally as well?
Regardless, Lundin has a big stake in this company and the knowledge to understand its potential. Even if there is a need for financing in 2015, he could facilitate that, if not outright loan Newstrike the money to avoid share dilution. After all, our yearly exploration budget (excluding resource defintion drilling) probably isn't much more than his household(s) budget!