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Bullboard - Stock Discussion Forum Monument Mining Ltd V.MMY

Alternate Symbol(s):  MMTMF

Monument Mining Limited is a Canadian gold producer that 100% owns and operates the Selinsing Gold Mine in Malaysia and the Murchison Gold Project in the Murchison area of Western Australia. It has a 20% interest in Tuckanarra Gold Project, jointly owned with Odyssey Gold Ltd in the same region. Located in the Central Gold Belt of Western Malaysia, the Selinsing Gold Mine covers a total area of... see more

TSXV:MMY - Post Discussion

Monument Mining Ltd > RSU'S - Restricted Share Units
View:
Post by romara on May 05, 2021 1:26pm

RSU'S - Restricted Share Units

I just sent off a post to Richard Cushing about MMY's RSU's, here is my post and Richard Cushing's answer

 Re: Restricted Share Units (RSU) Hi Richard, "I have a question:  Are the company's RSU's, valued in shares, or cash, or a combination of both? I see by "sedi", that Cathy  was minus 1,000,000 RSU's , and then bought 1,000,000 shares at .11CAD, are these shares from the company's treasury, because that many shares didn't trade on the open market? And if they were from the company's treasury, would it add to the outstanding shares, that the company has issued It's nice as a shareholder to see MMY moving forward, both in value, and it's actions. The company should think about some outside promotional activities to "get the story out". If you could give me an informative answer, I would post to show the explanation." Kind regards, Richard O'Mara Richard Cushing's reply:  Hi Richard, "The RSUs can only be redeemed for shares. If redeemed the RSU count goes down and shares outstanding goes up. This is not in the open market. We are looking at ways to get the story out. Thank you." Regards, Richard  ___________________________________________________ Richard Cushing, B.A. (Econ.), CSC Investor Relations Monument Mining Limited p 604.638.1661 | f 604.638.1663 | c 604.889-6563 rcushing@monumentmining.com https://www.monumentmining.com 
Comment by nozzpack on May 05, 2021 2:50pm
LOL Trying to get the story out. In which way would that be ? They were two days late getting the ODY visible gold NR out ( accounting for the AUS time diff ). Surely, that would have been possible. 12 years sitting on his duff and he is still looking for ways to get the story out !
Comment by deiwel on May 05, 2021 3:16pm
i think we will have +- same drill resulst : we just rock here
Comment by SilverNS on May 05, 2021 3:42pm
hopefully soon 
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