Core Gold DMMIF

RE:RE:New trading pattern?

[Tad]

rjm316,

Just to clarify,

The first post I put up this morning is only reference, the December9 Titan news release

https://stockhouse.com/companies/bullboard?symbol=v.cgld&postid=30458156

As robnhood points out, today's update from Titan states they have 51.7% .

Appears that Titan has picked up some additional shares in the past week. 

The known and reported shares locked-up per SEDAR files were posted here last week.



https://stockhouse.com/companies/bullboard?symbol=v.cgld&postid=30442896


Grand totals of all of the  MI 62 - 104 agreements posted on SEDAR including the earlier Ocober 1, 2019 lock-up agreements .


12,327,070  shares -  five  MI 62 - 104 agreements dated October 1, 2019 includes Vertex 
  4,438,500 shares  - Total of third MI 62 -104 documents dated December 10, 2019
  1,322,500 shares  - Total of second MI 62 - 104 document dated December 10, 2019
61,225,007 shares - Total of the first MI 62 - 104 documents dated December 10 2019

79,313,007 - Total shares pledged  as of the last date noted in agreements of December 5, 2019 


Total issued and outstanding shares of Core Gold 166,876,328

79,313,007 / 166,876,328 = 47.5 % 


Titan needs 50.1% to engage next level of takeover process 

166,876,328 X 50.1% = 83,605,040 


Titan MInerals still needed 4,292,033 shares of Core Gold to get to 50.1% as of the date of the last lock-up agreement. 


Current Titan MInerals holdings of 9,151,363 shares of Core Gold do not count in the totals .