VEC 0.00% 1.2¢ vector resources limited

146,555,556 million shares - Soph - CR for funding Maniema...

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    146,555,556 million shares - Soph - CR for funding Maniema progress
    10,000,000 - Media Natural - A-K acquisition
    42,396,834 - Medea Future - A-K acquisition
    15,000,000 - Pelesa and Accociates - A-K acquisition
    105,450,000 -various advisers etc : ) - A-K acquisition
    23,944,444 - debt. - settle funding for company activities

    Where's the red flags in that lot??

    Most of it was shares issued in lieu of cash to fund the acquisition of A-K, with a 3.2Moz JORC resource, 25Moz exploration target, plenty of equipment, 173.2km of drilling done by Anglo Gold Ashanti. Looks like shares well issued in my view.

    What was the alternative to issuing the shares to these people rastes?? let me guess issuing shares to someone else in a CR to raise the cash to pay it out again?? rolleyes.png
 
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Currently unlisted public company.

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