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Callinan Royalties Corporation CCNMF



GREY:CCNMF - Post by User

Post by DuckConfiton Aug 14, 2013 12:19pm
407 Views
Post# 21669651

Gold Royalties Share Conversion

Gold Royalties Share Conversion

If you're keeping score at home, Callinan now has the exclusive right to be the owner of 23.65% of an illiquid company with a $10M market cap. It only cost them $5.4 million.

But wait! If the exersize the warrants, they can own 38.24% of that company!

 

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