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Not sure where you are coming up with the 2.5 mil? Also wanted to mention that I appreciate the conversation with you over the past months. I will give you a follow.
Well at least this clears up the 1 question of the 100,000,000 shares.
That’s not correct. We brought the interest and now we’re selling it. The 100 million restricted shares are still payable to the original vendor.
— EXLA Resources (@exla_resources) February 25, 2022
Definitely not a breaking point. I was just so excited getting in here many months ago in hopes of a Merger and fresh start. So far it just hasn't panned out as I had hoped. I remember when first going to the new website when it finally came online and my heart sinking as it was so bad. I wish they would just shut it off. Just use the Twitter Account until you can put up a respectable website. I wonder if it was done by a one of their kids. Not kidding.
I know it's not a big deal and not a revenue generator, but it is the first place new shareholders may stop before deciding to invest.
Anyways, good luck and let's hope for clarity and the "Big Bang"!
And what are the 300,000,000 Lotito shares for, when they seem to be issuing additional shares for projects?
This is stuff us as shareholder need to know. Fair?
Rob, they simply have not provided enough information to enable us to see through the dust.
What about the recent changes to the existing SS? What were they for? Do we have to wait for a filing?
What happens to the 7,000,000 Tarku shares?
What happens to the 100,00,000 restricted and 30K given to "The Vendor"?
What does this bullet mean that was in the PR? Sounds like expenses to me: ".. allowing EXLA the right to maintain its ownership position by participating in subsequent Tarku financings..."
Lastly, I don't like the fact that these guys are all connected from top to bottom.
1) Global Hemp (Huber, Perrault, Johnson)
https://www.arounddeal.com/profile/nikolas-perrault/o6yftfskll/
https://thenewswire.com/press-releases?id=1AXXFVQ80
https://www.globalhempgroup.com/may26-21-ghg-welcomes-roger-johnson-board-directors
2) Global Hemp / CAPV: (Rosner, Huber, Perrault, Duggan)
https://thenewswire.com/press-releases?id=1AXXFVQ80
https://www.otcmarkets.com/stock/CAPV/profile
https://www.otcmarkets.com/otcapi/company/financial-report/293678/content
3) Lucky Minerals (Rosner, Perrault)
https://www.luckyminerals.com/
https://www.luckyminerals.com/about/#management_about
4) Lucky / CAT: (Rosner, Patrick Laforest)
https://catstrategic.com/management/
https://investingnews.com/cat-strategic-metals-expands-exploration-potential-of-burntland-project-through-additional-land-acquisition/
https://investingnews.com/company-profiles/cat-strategic-metals-cse-cat/
5) CAT / Tarku, (Rosner, Julien Davy)
https://catstrategic.com/management/
https://www.marketscreener.com/business-leaders/Robert-Rosner-003R9R-E/biography/
https://www.otcmarkets.com/stock/EGMCF/profile
https://emgold.com/index.php/company/management-directors/
6) Tarku / EXLA - Silver Strike Tarku partnership (Huber, LaForest, Perrault, Davy)
Rob, as you know, I have been one of their biggest supporters, but this first deal that was reworked leaves me with many questions. I am very curious/concerned on what comes next in terms of the projects. Still hope for a Big Bang PR, but so far, I am not impressed.
Will the 7,000,000 Tarku' Shares be distributed to existing Shareholders?
AND PLEASE FIX OR DISABLE THE MINING NEWS FEED ON YOUR WEBSITE. PLEASE!
This is embarrassing. Please fix it - been broken since day 1.
https://exlaresources.com/news/
Top 5 headlines today:
Book Review: ‘Hands of Gold’ February 26, 2022 11:09 am TBR Newsmedia
By Jeffrey Sanzel Author Roni Robbins At the suggestion of his daughter, nursing home resident Sam Fox records his life story. “Now where to being with this taping for Eliza? I was a decent man, I suppose.” In that “I suppose,” author/journalist Roni
…
India's Sadia Tariq wins gold medal in Moscow Wushu Stars Championship February 26, 2022 10:39 am India Today
India's Sadia Tariq came up with a brilliant performance to win the gold medal in the Moscow Wushu Stars Championship which is being held in the Russian capital from February 22 to 28. Sadia Tariq, who hails from Srinagar, is a two times gold medalist
…
LeBron James: 'I see myself being in the purple and gold as long as I can play' February 26, 2022 10:20 am Los Angeles Times - California
Speaking for the first time since Sunday when he capped a wild All-Star weekend of rumor, speculation, inference and intrigue, LeBron James cut through all the pretense by saying exactly what was on his mind. Comments about other general managers were just
…
Silver Creek lists top students for grades twelve through sixth February 26, 2022 10:10 am Observer Today
SILVER CREEK — The honor and credit rolls for the second marking period have been announced by the Silver Creek Central Schools. Twelfth Grade Honor Roll — Genevieve Balestrieri, Sincere Becker, Brianna Borowiak, Jade Bouvier, Tessa Brunner, Nico Crino,
…
Athletics: Gold rush for Ellon’s Hannah Taylor February 26, 2022 9:24 am Press and Journal
As recently as the beginning of this year Hannah Taylor never came anywhere near winning a medal at national level – but now the talented Ellon teenager has three golds in her collection. The 16 year-old, who represents Aberdeen AAC, earned her first title …
I think the new deal is much worse than the first deal. Bottom line is we have less NSR potential and more debt and exploration expenses coming. Only thing they got was 9% interest in that other project. Nope, I think this stinks. Not sure why they did this. We better see a reduction in the O/S (Restricted shares).
Original Deal:
25% Interest with Tarku committed to do drill program via their prior agreement with "The Vendoe"
EXLA issues 100,000,000 Restricted shares of their shell company
No Debt taken on
New Deal:
Tarku Resources Ltd. - www.tarkuresources.com Page 2
7,000,000 Tarku' Shares (the "First Tranche Shares") issue to EXLA, which will give EXLA a 9.65% interest in Tarku and
Delivering to EXLA debentures being comprised of an aggregate five hundred thousand Canadian dollars (CAD$500,000) principal amount of a six percent (6%) convertible unsecured subordinated debenture due in 60 months (5 years). Each debenture is convertible at a price of CAD$0.10 (collectively the "Second Tranche Shares");
Granting EXLA a first right of refusal (ROFR) allowing EXLA the right to maintain its ownership position by participating in subsequent Tarku financings;
Award EXLA a two percent (2%) NSR on the Property, one percent (1%) of which could be repurchased by Tarku for one million US dollars (USD$1,000,000)
The more I look at the PR and Purchase agreement, it makes NO SENSE!
How can EXLA and Tarku terminate the previous agreement signed in 2020? That is just NOT RIGHT, as we all know EXLA was not involved in the 2020 agreement!
https://www.otcmarkets.com/stock/EXLA/news/EXLA-Resources-Leverages-Asset-Base-with-Sale-of-Its-Silver-Strike-Interest?id=345341
The Purchase Agreement
Dated February 24, 2022, EXLA and Tarku entered into an agreement to terminate the previous earn-in option agreement to acquire 75% of the project over 3 years, signed October 12, 2020, with the former vendor and simultaneously entered into a new purchase agreement, allowing Tarku to acquire 100% of the 140 mining titles in Tombstone that is now held by EXLA in return for consideration of..
Until we get the next filing showing us who has ownership of all these newly added Restricted shares, we may not know 100%. Just no details on this asset reshuffle.
The evidence is right in front of you. Read the Purchase agreement and ask yourself this: How could Tarku get a new agreement with the former vendor and get 100% of Silver Strike? That would be impossible if EXLA still owned the 25%. The EXLA deal with the "Vendor" had to be terminated in my opinion. I think ELXA allowed this for Tarku's consideration outlined in the PR.
https://www.otcmarkets.com/stock/EXLA/news/EXLA-Resources-Leverages-Asset-Base-with-Sale-of-Its-Silver-Strike-Interest?id=345341
The Purchase Agreement
Dated February 24, 2022, EXLA and Tarku entered into an agreement to terminate the previous earn-in option agreement to acquire 75% of the project over 3 years, signed October 12, 2020, with the former vendor and simultaneously entered into a new purchase agreement, allowing Tarku to acquire 100% of the 140 mining titles in Tombstone that is now held by EXLA in return for consideration of...
The annual is due pretty soon (90 days from EOY), so we will find out. My guess is there will be NO insider selling and Perrault will still be on the books for the 20,000,000.
That said, let's see what happens with all these Restricted shares!!
I never thought we had a big problem with Insider Selling. At most, Perrault had the 20,000,000 unrestricted which he may have unloaded. Then they just added the other 5 million. That's it.
I am assuming that to be Mansfield. EXLA worked a deal with Mansfield originally, only to go back to the table and do the deal through Tarku with Mansfield.
https://www.newsfilecorp.com/release/112285/EXLA-Resources-Purchases-Minority-Partners-Interests-in-Tombstone-Arizona-Silver-Strike-Project
That's what it looks like. Then Tarku brought back in EXLA.
Thanks. I do see our Stonk clown has infiltrated Twitter as well LOL.
$EXLA typical scam piece of shit. Insiders selling shares and shuffling assets
— Stonk Master (@Stonk_Master_1) February 25, 2022
Read the details. Appears the deals was terminated. EXLA, Tarku, and Mansfield all got together and re-did the deal through Tarku (100%).
Then Tarku brought in EXLA.
https://www.newsfilecorp.com/release/114855/EXLA-Resources-Leverages-Asset-Base-with-Sale-of-Its-Silver-Strike-Interest
Dated February 24, 2022, EXLA and Tarku entered into an agreement to terminate the previous earn-in option agreement to acquire 75% of the project over 3 years, signed October 12, 2020, with the former vendor and simultaneously entered into a new purchase agreement, allowing Tarku to acquire 100% of the 140 mining titles in Tombstone that is now held by EXLA...
Thanks - I see it now. Just not sure what to think about it. On paper it makes sense. I wish EXLA gave more details around the SS. Will they now cancel those restricted shares?
Tarku are the ones who I got the news from earlier...
I see it now:
https://www.newsfilecorp.com/release/114855/EXLA-Resources-Leverages-Asset-Base-with-Sale-of-Its-Silver-Strike-Interest
Tarku:
https://www.accesswire.com/690378/Tarku-to-Acquire-100-of-Silver-Strike-Project-Arizona
Do you have a link? I don't see it.
Hopefully, but my goodness, today would have been the time for that news. Geeez.
Maybe it's still coming. Day not over.
Just very strange to cut a deal just a few weeks back only to terminate it. Then no updates?! No Tweet? No website update?
A real bad look IMO. Just being real.
We better hear something on new project SOON or this is could go sub .01.
SIGH
Don't like what I am seeing. Don't like the news. Anyone else?
No announcement for EXLA? This is very strange.
Now, will we see a REDUCTION in Restricted shares??
WOW! Look at the details!
On February 1st, 2022, EXLA announced that it had entered into a binding agreement to purchase through a combination of cash and stock all the rights, interests and future benefits currently held by Mansfield Martin and associated parties in the Silver Strike Project.
Tarku and EXLA have agreed to terminate the original acquisition agreement and replace it with a new agreement granting Tarku immediate 100% ownership of the Silver Strike Project, as per the terms stated below.
Julien Davy, President, and CEO of Tarku, stated: "This is a transformational development for Tarku. This new agreement creates significant value for our shareholders by giving us an immediate 100% interest in the exciting Silver Strike Project. Tarku, will own and control more than 1,200 hectares of ground, in a famous historic mining district that has produced high-grade silver from surface to a maximum depth of 200m in the early-1900s and is known to have the geological potential for more silver, copper, gold, lead, zinc, and manganese mineralization.
This new agreement is a win-win solution, as EXLA now benefits from significant exposure to a consolidated 100% of the Silver Strike Project, as well as a focused exploration partner committed to its development. Tarku has lowered its commitments to acquire the project and will have better control on its exploration expenses. The consolidated ownership will also greatly facilitate capital raising initiatives going forward."
Chris Lotito, President, and CEO of EXLA, stated: "The opportunity to partner with an exploration team of Tarku's experience and pedigree is an exciting development for EXLA Resources. Consolidation of the ownership of the Silver Strike Project, ensures it can be advanced in the most streamlined method, and as a major shareholder of Tarku we will benefit from the value uplift of the project as it is advanced. We are also delighted to gain exposure to Tarku's exciting Three A's Project, located in Matagami Greenstone Belt."
The Purchase Agreement
Dated February 24, 2022, EXLA and Tarku entered into an agreement to terminate the previous earn-in option agreement to acquire 75% of the project over 3 years, signed October 12, 2020, with the former vendor and simultaneously entered into a new purchase agreement, allowing Tarku to acquire 100% of the 140 mining titles in Tombstone that is now held by EXLA in return for consideration of:
7,000,000 Tarku' Shares (the "First Tranche Shares") issue to EXLA, which will give EXLA a 9.65% interest in Tarku and
Delivering to EXLA debentures being comprised of an aggregate five hundred thousand Canadian dollars (CAD$500,000) principal amount of a six percent (6%) convertible unsecured subordinated debenture due in 60 months (5 years). Each debenture is convertible at a price of CAD$0.10 (collectively the "Second Tranche Shares");
Granting EXLA a first right of refusal (ROFR) allowing EXLA the right to maintain its ownership position by participating in subsequent Tarku financings;
Award EXLA a two percent (2%) NSR on the Property, one percent (1%) of which could be repurchased by Tarku for one million US dollars (USD$1,000,000).
NEWS!! HOLY COW - They Selling Silver Stirke already! What kind of profit??
https://www.accesswire.com/690378/Tarku-to-Acquire-100-of-Silver-Strike-Project-Arizona
OK then, enjoy your wrecked hole.
Congrats, appears your hole survived the day.
yeah, I originally thought they were going to be part of the new company. At least some of their technology.
My thoughts are/were when they said it was going to re-file based on completion of an Audit, then don't hold your breath.
Definite ties to WSRC to via the Global Hemp Group players though...
https://www.thenewswire.com/press-releases/1AdyFPWnw-global-hemp-group-concludes-transaction-securing-control-over-strategic-water-infrastructure-assets-in-colorado.html
These guys are all in bed together...
Here are the 6 degrees of Kevin Bacon to the most recent Silver Strike deal: Huber, Perrault, Rosner, Davy
1) Global Hemp (Huber, Perrault, Johnson)
https://www.arounddeal.com/profile/nikolas-perrault/o6yftfskll/
https://thenewswire.com/press-releases?id=1AXXFVQ80
https://www.globalhempgroup.com/may26-21-ghg-welcomes-roger-johnson-board-directors
2) Global Hemp / CAPV: (Rosner, Huber, Perrault, Duggan)
https://thenewswire.com/press-releases?id=1AXXFVQ80
https://www.otcmarkets.com/stock/CAPV/profile
https://www.otcmarkets.com/otcapi/company/financial-report/293678/content
3) Lucky Minerals (Rosner, Perrault)
https://www.luckyminerals.com/
https://www.luckyminerals.com/about/#management_about
4) Lucky / CAT: (Rosner, Patrick Laforest)
https://catstrategic.com/management/
https://investingnews.com/cat-strategic-metals-expands-exploration-potential-of-burntland-project-through-additional-land-acquisition/
https://investingnews.com/company-profiles/cat-strategic-metals-cse-cat/
5) CAT / Tarku, (Rosner, Julien Davy)
https://catstrategic.com/management/
https://www.marketscreener.com/business-leaders/Robert-Rosner-003R9R-E/biography/
https://www.otcmarkets.com/stock/EGMCF/profile
https://emgold.com/index.php/company/management-directors/
6) Tarku / EXLA - Silver Strike Tarku partnership (Huber, LaForest, Perrault, Davy)
AND THAT IS HOW YOU GET A MINING PROJECT FOR RESTRICTED SHARES FROM A SHELL COMPANY!
All IMO.
No doubt they would like to own the float with all those restricted shares.
Stop sharing your hidden fantasies here. We don't want to hear about them.
My thought on that...
MM's have been staying on that .0249 level after close and moving in to the.016-.017 range when the Market opens. I suspect the person set a Market sell at .0249 thinking once that level was hit he/she could get out over .02's (and collect a small profit).
The problem is, the MM's are sneaky. They printed a small .0249 BUY prior to moving the ASK to the normal .017 range. That triggered his/her order with no substantial depth on the buy side to absorb 3 million shares. So instead of getting .02's, they got .008's for a lot of it! OUCH.
My rule is to NEVER use a Market order (BUY or SELL), but that's just me.
That large Market sell triggered some nerves. That coupled with the whole Russia/Ukraine escalation. The Market (DOW) fell another 400+ today and is now at the lowest level of the year. Then add in the recent unexplained changes to the SS and no recent updates, make some (including me) a bit more skittish.
Everything is down right now. Even Crypto! EXLA (until today) has been the safest place to be! LOL
Again, we need some updates here with the new projects and SS! These guys have millions in restricted shares, so they have the incentive to get this moving in the other direction.
I think they should say "New Large-Scale Acquisition" a few more times in that first paragraph. LOL
I couldn't stop laughing after I read that.
Having some fun...Substitute another word for "acquisition" and plug it into the first paragraph. I changed "acquisition" to "bowl of chocolate pudding"
ZA Group Updates the Market and Announces Definitive Agreement for New Large-Scale bowl of chocolate pudding
PR Newswire
PENSACOLA, Fla., Feb. 23, 2022
PENSACOLA, Fla., Feb. 23, 2022 /PRNewswire/ -- ZA Group Inc (ZAAG) updates the market and announces definitive agreement for new large-scale bowl of chocolate pudding deal and company. ZA Group and its CEO has been working hard and diligently over the past several weeks to be able to close this new large-scale scale bowl of chocolate pudding deal and company. Last week ZA Group, its CEO, lawyers, and the new large-scale scale bowl of chocolate pudding that ZA Group looks to acquire had a successful conference call and meeting on Tuesday, February 15, 2022. All parties have come to terms and agreed whereas ZA Group will acquire 60% of this new large-scale scale bowl of chocolate pudding deal and company. Therefore, ZA Group will have 60% ownership in this new deal and company. The lawyers are finishing the definitive agreement for executing and ZA Group and the scale bowl of chocolate pudding company look to close on this scale bowl of chocolate pudding in the coming days. This new large-scale scale bowl of chocolate pudding deal and company is in a rapidly expanding and fast-growing marketplace and it's something everyone needs in the world to live.
Market sell trigger off the .0249 print on 700 shares. OUCH. Don't think Stonk boy that dumb???
Now watch EXLA close green and get news tomorrow LOL! looking strong right now.
Maybe triggered a Market sell on 700 shares and 50% up? Those MM's are tricky little fellas.
Large sell at Market - really dumb. Someone just lost a bunch of money.