Don't think Sprott is interested in the conglomerates anymore although it would be great if he invested more to give credence to what mgmt is doing. De Grey just had a cash raise at a 40 to 50% discount depending on which day of the 30 day period you look at. I would guess the same for us. That would be a raise from 70 cents to 94 cents a share. Like De Grey, mgmt could offer existing shareholders the right buy additional shares at the lower prices same as De Grey did. So you could buy 1 share for every 1.25 shares you currently own. De Grey got commitment from a major shareholder in advance and that maybe what mgmt is doing here. Calling up major shareholders and seeing what kind of a deal they would take.
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Don't think Sprott is interested in the conglomerates anymore...
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3 | 856412 | 0.013 |
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Price($) | Vol. | No. |
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0.016 | 1880556 | 9 |
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