FALCON OIL & GAS LTD. (FOG) — Investor Q&A

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the FALCON OIL and GAS LTD investor update. Throughout this recorded update, investors will be in listen only mode. Questions are encouraged and could be submitted anytime by the q and a tab situated on the right hand corner of your screen. Simply type in your questions and press send. If you could please hold off submitting your questions until Philip has addressed the presubmitted questions just to avoid duplication, that would be most appreciated. Before we begin, I'd like to submit the following poll. And, Philip, if we may just get straight into the questions, the first one here reads as follows. What what is the deal that was announced on the 09/30/2025? Thanks, Lily, and welcome, everybody. Good morning to some and afternoon to others. Yeah. The deal we announced on the September 30 was Tamarin Resources, our JV partner in the Beadaloo, are going to acquire all of FALCON subsidiaries. And this is a deal which is a combination of mostly shares and a small bit of cash. The total number of shares that Tamarin is going to be issuing, for this transaction is 6,537,000 shares, and then the cash element is 23,700,000. That's great. Just turning to the next question. So will I be receiving cash and town brand shares for my shareholding in FALCON? Yeah. I think there was a little bit of confusion when people saw a cash amount. There's gonna be an element of cash and share, but no. I mean, every shareholder, bar one, will only receive town brand shares. The cash element of 23,700,000, that's a cash element for a one single shareholder, a sanctioned shareholder. But, no, every other shareholder would just be receiving Tamper shares. Perfect. So how many Tamper shares will I be receiving for my Falcon shares? Yeah. So about the time when we ...