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Mason Resources Inc V.LLG

Alternate Symbol(s):  MGPHF

Mason Resources Inc. is a Canada-based company. The Company is focused on identifying, evaluating, and pursuing business investment opportunities. The Company holds shares in Black Swan Graphene Inc., which is focused on the large-scale production and commercialization of patented graphene products aimed at several industrial sectors, including concrete and polymers.


TSXV:LLG - Post by User

Comment by goodbuddyon Dec 23, 2021 11:01am
225 Views
Post# 34257949

RE:Black Swan Graphene

RE:Black Swan GrapheneAfter Mason's sale of of Black Swan stake for $3,000,000 their equity atake went from  66.66% to 56% in Black Swan. In the December 6, 2021 Press release from Dragonfly Capital, Black Swan Principle shareholder will have 80.4% of ownership, if Mason's stake in Black Swan is 56% then Mason will own 56% of the 80.4% stake the principle shareholders have which is equivalent to 45..0% of the Newly form Company. All it took was 6 months for Mason to evaporate their 66.66% equity stake in Black Swan to 45.0%
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