VEC 0.00% 1.2¢ vector resources limited

ok I will try again, the primary purpose is for the issuance of...

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  1. cfp
    2,919 Posts.
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    ok I will try again, the primary purpose is for the issuance of the shares to MGI as part payment of the $5 million dollars worth of shares that was announced in 2018, 10 million shares is a nothing compared to the 210 million, so the primary reason is as stated, there will be an EGM in late February for the permission to supply the remaining shares to MGI this I am certain of 104%, the other 60 million shares to be issued to Key management were ratified in December 2017, so no problems there either, out of 280 million shares the only issue anyone has is for 10 million, that may or may not be traded, when our announcements come IMO there will days of 100-200 million traded so I am not going to worry about 10 million, I hope this has helped you
 
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