Is this the register play or the special corporate situation that you refer to?
Surely these recent moves have to coincide with either a new deal or news on existing gold/silver Topacio mine.
1620 Capital is a boutique corporate advisory firm with an extensive network of contacts throughout Africa in the mining sector. As Corporate Advisor 1620 will, amongst other activities, assist the company in the identification of mining and exploration projects and provide ongoing understanding and analyses of project opportunities as well as identification of strategic options for the Company.
As consideration for its appointment Oro Verde will issue 50 million performance shares to 1620 as follows:
15 million performance shares which vest if the 10 Day volume weighted average price (“VWAP” of the Company shares exceed $0.01 per share;
15 million performance shares which vest if the 10 Day volume weighted average price (“VWAP” of the Company shares exceed $0.015 per share; and
20 million performance shares which vest if the 10 Day volume weighted average price (“VWAP” of the Company shares exceed $0.02 per share
of the Company shares exceed $0.01 per share;
