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Wednesday, March 01, 2023 9:56:29 AM
500,000 dollars initial down payment and then 4.5 million dollar cash payment to acquire: Brookmount will acquire a 75% interest in the Tocantins project from Geoblocks Exploration Ltd (“Geoblocks”), a company incorporated in the UK, which has entered into an irrevocable undertaking to acquire the 75% interest in Tocantins from its Brazilian owners.
Do not see the bankable cash for this transaction in the yearly financial statement. Cash and cash equivalents $182000 is all I see in the statement as of November 2022 of course. https://www.otcmarkets.com/otcapi/company/financial-report/360463/content
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