ADD 16.7% 0.3¢ adavale resources limited

Ann: Office Address Update, page-8

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  1. 3,538 Posts.
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    29 million shares on issue

    $790,000 in borrowings - if converted into equity at say 2.5c, still leaves around 61 million shares on issue only

    cash close to zero - they will need to raise further - an RI or further placement subject to a general meeting on the cards

    a gold or lithium acquisition will be very nice provided a good jurisdiction
 
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0.3¢ 16991490 11
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