From the MRP acquisition announcement:
b) Consideration will be the issue of approximately 1,506,180,000 ordinary fully paid shares (“Shares”
in the capital of Mt Ridley at a deemed issue price of $0.00693/Share. In addition, the Company will issue 42,857,143 Shares to RM Corporate Finance Pty Ltd (AFSL 315235) as a combined introduction, consulting, deal-management and success fee.
1,506,180,000 shares at $0.00693/Share total consideration = $10.5M
From the TBR announcement:
Australian gold producer, Tribune Resources Limited (Tribune or the Company, ASX: TBR) is pleased to announce it has acquired 100% of the issued capital of Singapore based Prometheus Developments Pte Ltd (Prometheus) via the issue of 5.5 million shares in the Company @ a deemed issue price of $4.50 for a total consideration of $24.75 million.
TBR consideration paid = $24.5M
A 135% PREMIUM TO THE PRICE OFFERED AND ACCEPTED FROM MT RIDLEY MINES
