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Eco Oro Minerals Corp C.EOM

Alternate Symbol(s):  GYSLF

Eco Oro Minerals Corp. is a Canadian precious metals exploration and development company. The Company was focused on the development of the Angostura Project in northeastern Colombia, which consists of the main Angostura deposit and its five satellite prospects. The International Centre for Settlement of Investment Disputes (ICSID) Arbitration Claim became the core focus of the Company.


CSE:EOM - Post by User

Bullboard Posts
Comment by NaturalCurrencyon Mar 02, 2019 1:35pm
75 Views
Post# 29433323

RE:RE:RE:Who is Eligible For The New Private Placement ? ...........

RE:RE:RE:Who is Eligible For The New Private Placement ? ...........
Example Shareholder's Position Overall CVR Share in Claim Shareholder's Share in Claim                
                       
Old CVR Share 0.10% 23.50% 0.0242% Old CVRs are only 23.5% share of claim now, multiplying CVR ownership by 23.5%    
                       
New CVR Calc                      
Current Shares               125,000     Shares which shareholder has currently          
Old CVR Share 0.10%     Shareholder's old CVRs            
Deemed Shares               718,100     Per worksheet, multiplying  old CVR share by 696672198.58        
Total Shares               843,100     Adding current and deemed shares          
New CVR Share 0.14% 66.50% 0.0906% Per worksheet, multiplying total shares by 618970827. New CVRs are 66.5% of claim, multiplying CVR ownership by 66.5%
Cost  $             38,139     First tranche cost, multiplying New CVR share by $28M        
                       
Total CVR     0.1148% Adding the two            

Bullboard Posts