Firering Strategic Minerals: From explorer to producer. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
A few large trades last Friday 28th it shows in the volume chart.
Though some are repeated and the same numbers 1M, 1.3M. ( strange )
It seems any sale is being repurchased by someone else
But slowly is moving higher from the lows lately
chart with volume ... http://uk.advfn.com/p.php?pid=staticchart&s=AQSE^QTZ&width=490&height=305&p=2&t=1&dm=2&vol=1&cb=
Monecor has been the seller
while
C. Akers has been accumulating during the last 2 weeks from 22% to 23.4% and then 24.1%.
Quetzal Capital Plc
("Quetzal" or the "Company")
Extension to Exercise Date of £500,000 Optional CLNs
Signing of SPA to Acquire TAP Global
Suspension from Trading on AQSE
Quetzal Capital Plc (AQSE: QTZ) is pleased to announce that, further to its
announcement on 7 October 2022, it has signed an agreement ("SPA")
conditionally to acquire the issued, and to be issued, share capital of Tap
Global Ltd ("Tap"), other than the shares to be issued to Quetzal on the
exercise of its conversion rights under convertible loan notes issued to the
Company by Tap Global ("CLNs") subject, amongst other things, to the Company
securing the required fundraise to satisfy the terms of the SPA.
Under the terms of the SPA, the consideration to TAP's existing shareholders
will be 450,000,000 ordinary shares in Quetzal.
Should the fundraise be secured, an Admission Document giving full details of
the proposed Reverse Takeover of Tap ("RTO") will be published. Completion of
the RTO will remain conditional on the approval of the proposed acquisition and
fundraise by Quetzal's existing shareholders and admission of the enlarged
share capital to trading on the Access segment of the AQSE Growth Market.
Quetzal announced on 3 December 2021 that it had subscribed for an aggregate
of £1,500,000 of CLNs in TAP Global. Should the CLNs convert they will do so
at a 50% discount to the valuation of Tap calculated on a conversion event
involving the acquisition of the entire issued share capital of Tap by Quetzal.
Under the terms of the instrument constituting the CLNs, Quetzal had the right
to subscribe for a further £500,000 CLNs, until 31 October 2022. As part of the
arrangements for the RTO, Tap has agreed to extend the deadline to subscribe
for these additional CLNs to 31 December 2022.
As a result of the SPA having been signed, in accordance with the AQSE Growth
Market Access Rulebook, and at the request of the Company, the shares in
Quetzal have today been suspended from trading.
The Directors expect that completion of the Reverse Takeover transaction and
re-admission of the enlarged Company on AQSE will occur following the
publication of the Admission Document and, as noted above, will be subject to
existing Quetzal shareholders' approval of the proposals at a General Meeting.
It is also proposed that, on completion of the proposed Reverse Takeover of Tap
("RTO"), the Company will be renamed TAP Global Plc.
As noted above the RTO is subject to a minimum fundraise being secured.
Accordingly there is no guarantee that the proposed RTO will complete. However,
the Directors currently anticipate that an Admission Document relating to the
proposals will be published on or around the end of November 2022.
John Taylor, Chairman of Quetzal Capital Plc said:
"We are delighted to