DAF 0.00% 1.3¢ discovery alaska limited

Sorry, it was the following EL1173 Kitgum Graphite Project...

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  1. 1,089 Posts.
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    Sorry, it was the following

    EL1173 Kitgum Graphite Project (Uganda) On 4th April 2014, the Company entered into a Tenement Sale Agreement to purchase the Ugandan Exploration Licence (EL) 1173 by paying the vendor US$25,000 and 9,500,000 DAF shares. A further US$75,000 final payment was due in April 2015. The Company did NOT make this payment, and has recently executed an agreement with the vendor to waive the US$75,000 payment, in consideration of the Company returning tenement EL1173 to the vendor. The original Tenement Sale Agreement, including the issue of the 9,500,000 shares, was negotiated by the former Directors of the Company, at a time when their removal was being sought at a Shareholders Meeting in April 2014.

    Please dyor

    glall
 
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