Fosterville South Exploration Ltd V.FSX

Primary Symbol: FSXLF

Metals & Mining Gold

Fosterville South Exploration Ltd. is a Canada-based company, which is engaged in the acquisition, exploration, and development of mineral properties in Australia. The Company’s properties include Lauriston Gold Project, Golden Mountain Project, Moormbool Project, Providence Project, Walhalla Gold Belt Project, and Beechworth Project. The Lauriston Gold Project is located in the central part of the State of Victoria, Australia. The Golden Mountain Project is located in the central part of the State of Victoria, Australia, situated approximately 150 kilometers (km) northeast of Melbourne. The Moormbool Project area consists of three granted licenses such as EL006280, EL006913, and EL007193. The Providence Project consists of one license, EL007052 that covers the Reedy Creek goldfield and the Big Ben prospect area. The Walhalla Gold Belt Project has one granted tenement and seven tenement applications. The Beechworth Project is located in Victoria, Australia.

OTCQX:FSXLF - Post by User

Fosterville South Exploration Ltd > News Release

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Comment by savinfamilyon Nov 19, 2020 9:15pm

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Post# 31938341

RE:RE:News Release

Great job as usual, Tad !
Thank you

I'd like to add some reflection way:

we have right now as cash in hand about 0,40 C$ by share (13 % in cash by share at today market close price)
we'll receive as LVS free shares at 0,50 C$ as IPO price (16 % tax-free dividend at today market close price)
it remain only 1,102,718 warrants to be unlocked next Monday (1,3 % dilution in share structure)

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