Replies to post #895 on Firma Holdings Corp. (FRMA)

[nuggetman]

The money was for shares and half warrants and Adit Resources would be required to spend two million of the three million on exploration:

CHICAGO, IL -- (MARKET WIRE) -- 02/02/11 -- Tara Minerals Corp. (OTCBB: TARM) (BERLIN: 6T3) is pleased to announce that its subsidiary, Adit Resources Corp., has closed an equity financing for $500,000. The $500,000 investment into Adit is through a private placement with Yamana Gold Inc. of 500,000 units exchangeable for 500,000 common shares and 250,000 common share purchase warrants, each exercisable for one common share for a term of three years at an exercise price of $1.50 per share.

Adit has also signed a letter of intent with Yamana Gold Inc. (the "Investor") that grants an option to acquire up to a 70% interest in the Picacho gold/silver project. A definitive agreement is expected to be completed within 45 days. Upon completion of the definitive agreement, Adit anticipates receipt of an additional investment of $2.5 million to be completed on the same terms. From this initial total equity investment of $3 million, Adit will be required to spend $2 million advancing exploration work on the Picacho project.

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[Bartontim]

The end of the day yamana has no reason to buy shares . Rich does this so he can have discretionary funds

As what Rich said he had was not in good order and had no funds to fix it so he get the other side to buy stock and in this case he did not follow thru and fix the deficiencies

In the case of CME he did not even attempt to fix it and we have no interest in buying the stock

Since Tarm is a subsidiary of TRGD it does concern CME

TB