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Argex Titanium Inc. ARGEF

Chemicals Basic Materials
"Argex Titanium Inc is a Canadian company producing high-grade titanium dioxide (TiO2) pigment. The company has developed a chloride-based technology, which is environmentally sustainable. The white pigment produced by Argex is to be used in high-quality paints, plastics, specialty, and other applications."


GREY:ARGEF - Post by User

Argex Titanium Inc. > Calm down
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Post by skyyvodkaon Sep 03, 2019 9:18am
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Post# 30089650

Calm down

Calm downPwC has the mission to set
  • Interim Financing (DIP)
  • an Investment
  • Sale Solicitation Process
  • Key Employee Retention Program
Everything has been done and the stalking horse bid is an investment in the company.
There will be a massive dilution (don't know exactly how it will be calculated) but I don't think we will be completely wiped out as shareholders. We might get up to 750m shares + warrants and then a reversed split 10:1 and we should have a sound company, debt free and 75 million outstanding shares. This will cater for other means of financing or further investments.

now let's wait to see what will happen. I do not think anyone can change the outcome by raging.
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