You're not reading it right. Where in this do you see anything about 27 million?
"the transferring parties will receive USD $54,000,000 worth of shares of a newly amalgamated mining company"
"The transferring parties have the right to sell 10% of the pledged security for USD $5.4 million to the purchaser’s associates. The transferring party has exercised this option."
MDMN now has $5.4m in US DOLLARS.
Heres some more info on CREST for you:
CREST holds all international stocks in a pool in a local depository such as Clearstream for German stocks and CDS for Canadian stocks. CREST then issues a CDI to each holder of the security, which can then be transferred in CREST just like a UK equity. This is similar to the depositary receipts issued in other countries. However restrictions apply to CDIs. Many are not withdrawable or depositable into/out of Crest. This is because a CDI is an electronic reflection of the underlying security held in the domestic (country of origin) market.
How does it work?
To take the U.S as an example. The electronic settlement system in the U.S. is called DTC. If a shareholder holds electronic stock in the U.S. they will hold their securities electronically in DTC. In reality they will hold the securities via a custodian, so the custodian's nominee details will appear on the DTC register. This is known as holding stock in the 'domestic' market. Securities held this way can only be traded domestically i.e. in the market of the country of origin. If a shareholder wants to trade his securities outside of the U.S'domestic' market he can instruct his custodian to transfer his securities to the Crest account in DTC. Restrictions apply, only securities that have a U.K. quote can be transferred to Crest's DTC account. Crest is a member of DTC. So once the securities have been transferred out of the original custodian's nominee name and into Crest's account in DTC, the securities have now been 'cross bordered' into the U.K. market as CDIs. They can now be traded in the U.K market. Although not always withdrawn onto certificate or deposited into Crest.
