RE:RE:RE:RE:RE:RE:****AnxRcg***** security and ownership are two different things
if some kid driving a lambo invests $20M in RCG the ownership of Dufferin is clearly MGDC
there is still lots of options until the dusts settles
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trustee report
2.4 RCGC incorporated MDGC to hold its interest in the Dufferin Gold Mine, and MGC to hold its interest in MDGC.
3.3.3 On December 6, 2017, RCGC completed a USD $5,500,000 senior secured loan facility provided by Sprott Private Resource Lending (Collector) LP (“Sprott”), pursuant to a credit agreement entered into among RCGC, Sprott and the RCGC’s subsidiaries, MGC, MDGC and Flex, as guarantors.
https://www.pwc.com/ca/en/car/resource-capital-gold-corp-et-al/assets/resource-capital-gold-corp-et-al-014_021519.pdf
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RCG Sept 2019 report pg 14
In connection with the Credit Facility, the Company has granted security over substantially all of its assets in favour of Sprott, and has granted 16,000,000 common share purchase warrants valued at $1,669,415, all exercisable in whole or in part for a term of three years at an exercise price equal to CAD $0.125 per common share of the Company (Note 13).