GREY:GDPEF - Post by User
Comment by
lmcbainon Sep 13, 2018 5:12pm
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Post# 28616070
RE:****RCG CORCORAN SILVER PROJECT****
RE:****RCG CORCORAN SILVER PROJECT****Quick answer to the AUSAG question:
Everyone is currently waiting for final Exchange approval of the deal, everything else is essentially done. The cash component of the purchase of Corcoran has already been received and realized as an increase on investment and the funds have been spent. The AUSAG shares that are to be issued once the deal is done will not be issued until the final Exchange approval is received, but it should be noted that to the best of my knowledge those shares will no longer be dispensed to RCG shareholders, they will be held within RCG itself.
I hope this helps.
Salut,
Leigh McBain