Tectonic Gold30 Nov 2017 18:43
I got this from Brett this afternoon, I don't normally post this stuff on here but I am making an exception, new beginnings and all that, plus, I know there are some decent lth's still posting. Enjoy.
Hi
I had a great run through London last week meting institutions and brokers ahead of the IPO.
We have confirmed institutional investment coming in and we are working on bringing some of the Greatland Gold investors onto the register.
I thought you may be interested in the note which was sent out to Signature shareholders today giving them an update following the company�s AGM.
Also attached is a copy of the management presentation from the roadshow.
All the best.
Brett
Dear Shareholders
Thank you all for your feedback and proxies.
We had 51 million votes cast at the AGM today, passing all motions with overwhelming support.
I was in London last week on an institutional investor roadshow promoting our IPO. We ran through the presentation from that roadshow after the AGM today and I have attached the presentation for your review.
The branding �Tectonic Gold Plc� is the new name of the StratMin cash shell we are taking over and we will trade under the ticker TTAU. Unfortunately there is an online gaming company in the UK which has registered the name Signature Gold, so we decided to avoid any confusion and rebrand, although you will see that the TTAU branding is recognisably familiar.
We are meeting with the Board of a drilling services company tomorrow to try and finalise a drill for equity transaction on our 10,000m drilling campaign. We hope to bring the drilling services company in as a cornerstone investor to the IPO with a significant part of the drilling contract to be remunerated in equity. They have conducted thorough technical diligence on the Queensland assets and we have a green light form their external technical expert, so fingers crossed we will close this tomorrow ahead of the UK book build closing next week.
We have had a fortunate schedule for the IPO with a lot of interest in the UK market around Aussie gold and in particular Kirkland Lake, Artemis, Greatland etc.
Interestingly we have also had a number of parties looking to switch out of Bitcoin and into gold as Bitcoin hit $10,000 this week.
Our technical team is deployed running drill targeting geophysics over Specimen Hill this week. Once again Signature has earned an Australian record, with the longest line run ever on a Sub Audio Mag survey - over 27km of cable was laid last week and we have a helicopter in the air this week mapping out the structure at depth. Early indicators show a continuity of the structure down to at least 500m. We will complete the survey this weekend, subject to weather as there are thunderstorms about, and will have fully analysed data in about 2 weeks. We will release this at the IPO to alongside other news flow to support on market trading.
T