"Daulton Capital Corp's obligation under the agreement with Ascot Mining PLC is to pay $10 million by the issue of 100 million shares of Daulton to Ascot Mining Plc and to loan $2.5 million of cash to Veritas Gold on completion. The loan into Veritas Gold will be used for the retirement of debt of $2 million and a working capital loan of $500,000 to expand gold production at the Chassoul gold mine in Costa Rica. Fifty per cent of Veritas Gold CR S.A will be transferred to Daulton at completion. "
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