Albedo

Albedo - Latest news surrounding Albedo is its pending acqusition of COEUR GOLD ARMENIA, which the group has sought to extend the date of signing the defintietive agreement to on or before 15th Aug. Recall that in conenction with the proposed acqusition, Albedo will allot and issue up to 190m free, unlisted and non-transferable warrants to Dato’ Dr Choo Yeow Ming in consideration of the introductory services provided by the Subscriber in relation to the Proposed Acquisition. The Company will be allotting and issuing the Warrants, each Warrant carrying the right to subscribe for one new ordinary share in at an exercise price of $0.0117 for each Warrant Share. Do not rule out today's surge to be associated with the pending acquisition.