RE:Rift Offering 6 Million Shares at $0.05 PLUS FREE OptionsI agree this private placement will effect the share price, but I'm a little confused with the way you're explaining the PP. This was the news release yesterday:
December 15, 2020 - Vancouver, BC / Rift Valley Resources Corp (the “Company”) (CSE: RVR) – has commenced a private placement of $300,000 at $0.06 cents per unit. Each unit consists of one common share in the capital stock of the company and a one-half share purchase warrant. Each whole warrant permits the holder to purchase an additional share at 15 cents per share for 2 years
Maybe I'm misunderstanding it but I am not sure how that translates to what you were saying?