Oshpur holds a 90% interest in the Sary-Mogol and Bel-Alma thermal coal projects located close to the border of China.
The Sary project covers 8ha, with two coal seams visible from the surface that have been subject to previous open cut mining.
The following consideration which was previously going to be paid by View to the shareholders of Oshpur (Oshpur Shareholders) at settlement, being a cash payment of $400,000 and the issue of 100,000,000 fully paid ordinary shares in the capital of View (initial shares).
