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IBERIAN MINERALS LTD V.IML

Metals & Mining Industrial Metals & Minerals
"Iberian Minerals Ltd is engaged in the exploration and development of mineral resource properties."


TSXV:IML - Post by User

IBERIAN MINERALS LTD > Shareholders Approve EnviroLeach Spin-Out in Strong Fashion
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Comment by 10bagson Mar 16, 2017 1:50pm
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Post# 25989208

RE:RE:RE:Shareholders Approve EnviroLeach Spin-Out in Strong Fashion

RE:RE:RE:Shareholders Approve EnviroLeach Spin-Out in Strong Fashion
Well, it doesn't say so explicitly in the news release. So I would assume that if IML has 271,795,000 shares out and will issue 26,000,000 shares the ratio will be 1:10.....So, for example, if you own 10,000 shares of IML, you'd get 1000 shares of Enviroleach.

Please feel free to correct me if I'm wrong.
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