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Eco Oro Minerals Corp C.EOM

Alternate Symbol(s):  GYSLF

Metals & Mining Gold
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

Eco Oro Minerals Corp > DISTRIBUTION WATERFALL
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Comment by NaturalCurrencyon Jul 07, 2024 8:29pm
111 Views
Post# 36122157

RE:RE:RE:DISTRIBUTION WATERFALL

RE:RE:RE:DISTRIBUTION WATERFALLIn the initial set of distribution, after notes / interests etc., CVR holders will get the minimum of (a) $460M or (b) 95% of the remaining. That's why I keep saying that if the settlement price is north of $500M-$600M, shareholders will be in the 'money'.

CVR holders dont get 95% of the proceeds (after notes etc.) right off the bat.
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