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Meridian Mining UK Societas T.MNO

Alternate Symbol(s):  MRRDF

Meridian Mining UK Societas is focused on development and exploration of the advanced stage Cabacal VMS gold-copper project, regional scale exploration of the Cabacal VMS belt and exploration in the Jauru & Araputanga Greenstone belts (the above all located in the state of Mato Grosso, Brazil). The Cabacal Project has licenses covering approximately 50 kilometers (km) of the 55 km VMS belt. The Espigao Project is located on the southwest margin of the Amazon Craton, in the western margin of the Proterozoic Rondonia-Juruena Province. The Company’s Espigao Project covers an area of 72,800 hectares. The Company holds mineral rights totaling 55,559 Ha in the Mirante da Serra Project. The licenses cover an area with an intracratonic basin in the Amazon Cratin, emplaced over crystalline basement rocks of the Jamari metamorphic complex and Mesoproterozoic Rapakivi granites. Its Ariquemes Tin Project comprises a land package in Brazil.


TSX:MNO - Post by User

Bullboard Posts
Comment by TFSAfundson Sep 21, 2016 9:23am
110 Views
Post# 25259895

RE:RE:I Miss Heavy..

RE:RE:I Miss Heavy..I would think only the actual voting shares, the "disinterested", would be entitled
to the share incentive, not all pre-RTO O/S Cancana shares. That means there are
only roughly 40 million shares eligible, even Dr. Pfaffenberger's wouldn't be
included. So an incentive of 1.3 equates to only 12 million more shares.. heck a
1.5 incentive is only 20 million shares on top of the 450 million after the RTO.
Peanuts my friend... peanuts in the long run, but quite significant to the longs
wouldn't you think? What you're saying is we HAVE TO ACCEPT whatever is
offered! Not the best bargaining approach in my mind, but I think you're just
saying what everyone knows is true...

Cheers and GLTA !
Bullboard Posts