email from Brett24 Oct 2017 22:19
We hope to be listed in December. We have revised the Scheme following a failure by Axel Management to fund as contracted. We now have the revised Scheme in the approval process with the Australian regulators.
Unfortunately we had to have financials updated and Audited again which chewed up two months, but back on track now.
StratMin�s lead shareholder is underwriting a minimum raise for the IPO and so long as the gold price remains reasonably stable we have fingers crossed it is a steady run through the IPO process now.
The name change is due to a UK registered online gaming company having the name Signature Gold, so the plan is to rebrand as Tectonic, reflecting the geological underpinning of the gold formation in the Australian and Czech Republic deposits.
This has been a marathon clean up of StratMin and transition to gold, but we should be on track now. The Australian team is very bullish with some excellent sample results from the main Specimen Hill target area including gold assays at +30g/t gold. Added to the high grades returned from assays at the other discoveries, Last Chance/Day Dawn and Mt Cassidy, this is proving up to be a very exciting portfolio to take to market.
Regards
Brett