Re: Gimus Receives TSX-V Conditional Approval for RTO (Fancamp's Lac Lamelee)

Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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BarbuBeatnik

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Re: Gimus Receives TSX-V Conditional Approval for RTO (Fancamp's Lac Lamelee)

in response to

Gimus Receives TSX-V Conditional Approval for RTO (Fancamp's Lac Lamelee)

RockLicker

posted on Dec 06, 2013 05:04PM

"If the Proposed Transaction is completed and assuming completion of the maximum Concurrent Financing, a total of 73,679,000 Gimus Shares will be issued and outstanding of which 58.4% will be held by Fancamp (43,000,000 Gimus Shares), 22.0% will be held by the current Gimus shareholders (16,179,000 Gimus Shares), 5.4% by Champion (4,000,000 Gimus Shares, including their participation in the Concurrent Financing) and 14.4% by subscribers to the Offering (10,500,000 Gimus Shares)."

At last! Lac Lamelee is set on the launch pad!

I find it strange that Peter Smith will not hold a single share of the new LIO...