Austral Gold Completes Sale of Shares to Related Parties [Yahoo! Finance]
Citigroup, Inc. (C)
Last citigroup, inc. earnings: 4/15 08:00 am
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citigroup.com/citi/investor/pres.htm
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Source: Yahoo! Finance
the "Company" ) advises that further to its announcement of June 20, 2024, its subsidiary Austral Gold Canada Limited ( "AGCL" ) completed the sale of shares of Unico Silver Limited ( "Unico" ), to two of the Company's directors, Eduardo Elsztain and Saul Zang, pursuant to a share purchase agreement dated June 18, 2024 (the "Agreement" Under the agreement, AGCL sold 5,458,833 previously issued common shares of Unico ( "Unico Shares" ) to Mr. Elsztain and 963,323(1) Unico Shares to Mr. Zang at a price per Unico Share of A$0.16 per share. Total proceeds from the transaction was A$1,027,545 (US$682,393/CDN$935,014). There were no finder's fees paid in the transaction. (1) In the press release dated 2024 June 19, the Company reported that Mr. Zang was purchasing 135,829 Unico Shares. This was a clerical error - that number was actually an estimate of the aggregate number of Australian dollars comprising the purchase price for Mr. Zang's purchase, at an estimated price of A$0.14 pe
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C
Earnings
- 4/12/24 - Beat
C
Sec Filings
- 6/28/24 - Form FWP
- 6/28/24 - Form 424B2
- 6/28/24 - Form 424B2
- C's page on the SEC website