CDB 0.00% 0.9¢ condor blanco mines limited

Ann: Quarterly Activities and Cashflow Report-CDB.AX, page-4

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  1. 793 Posts.
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    Bellow is from quarterly. Wonder if they are required to give back 50,000,000 if funding, project acquisition does not go through? Which I believe it hasn't. Who's ECM?

    Andyno3 your right no money by now I would imagine.

    "Non-cash financing and investing activities
    2.1
    Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows


    Announced 1 March 2016, the company placed 50,000,000 ordinary shares each at 1 cent ($0.01) in escrow held by ECM (Nominees) Pty Ltd pending the finalisation of confidential agreements on funding, project acquisitions and/or vendor consideration to un-related and un-associated parties."
 
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Currently unlisted public company.

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