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Definitive Agreement Signed to Complete US$100M Equity Investment in betterU

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AGORACOM NEWS FLASH

BREAKING:Monarques Gold Confirms Pit Constrained Resource on its Mckenzie Break

  • The mineral resource estimate for McKenzie Break was prepared for two scenarios:
    • Scenario 1: A pit constrained Indicated resource of 48,133 ounces and Inferred resource of 14,897 ounces, and an underground Indicated resource of 53,448 ounces and Inferred resource of 49,130 ounces, for a total of 165,608 ounces of gold.
    • Scenario 2: An underground Indicated resource of 85,059 ounces and Inferred resource of 58,373 ounces, for a total of 143,432 ounces of gold.
  • Monarques Gold now has a combined measured and indicated resource of more than 3 million ounces of gold

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Message: INTERVIEW: betterU Discusses Letter of Intent for US$100 Million, $3/Share Equity Investment From a Hong Kong Based Investment Group

INTERVIEW: betterU Discusses Letter of Intent for US$100 Million, $3/Share Equity Investment From a Hong Kong Based Investment Group

posted on Nov 03, 2017 05:36PM
HUGE NEWS issued by betterU on Friday - LOI For $USD 100,000,0000 Financing At $US 3.00 Per Share ... This Is Not A Typo.  Here are the highlights:
  • Entered into a binding letter of intent with Treasure Union Limited, a private company established and based in Hong Kong, China for an equity investment of $100 Million USD financing
  • US$3.00 per common share in the capital of the Corporation.
  • Investment is scheduled to close on or before March 15th, 2018
  • Stock will remain halted until investor group provides Proof Of Funds To TSX Venture Exchange, which is expected in the next week.
  • Investor Group Agrees To 5 Year Hold On All Shares
  • We sat down with President and CEO, Brad Loiselle, To Discuss The Following:
  1. How The Valuation Was Derived
  2. Why Investors From Asia Were Better Able To See The Long Term Value Of BetterU
  3. What This Funding Will Mean To BetterU Global Expansion Plans
  4. .... Much More
  5. Grab A Coffee and Watch This Interview!
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