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DNI Metals Inc DMNKF

DNI Metals Inc is an exploration and evaluation stage company, which engages in the exploration and development of mineral properties. It holds the base and precious metals, specialty metals, rare earth elements, diamond, and uranium mineral properties in Alberta, Utah, and Ontario. The company's properties include SBH Property, Vohitsara Property, and Clifton Gold Hill Royalty.


GREY:DMNKF - Post by User

Bullboard Posts
Post by onetimeron Aug 07, 2018 9:47am
99 Views
Post# 28420379

overallotment and director gave up some warrants

overallotment and director gave up some warrantsTORONTO, ON / ACCESSWIRE / August 7, 2018 / DNI Metals Inc. (CSE: DNI) (OTC PINK: DMNKF) ("DNI" or the "Company"), is pleased to announce it has raised a total of $1,529,312 from the exercise of 19,116,404 warrants and issuance of 19,116,404 common shares of the Company. Due to the demand of the existing shareholders and warrant holders, DNI's board approved the increase of the warrant offer from $1.25 million to $1.53 million. The warrant offer was announced on June 28, 2018 and expired on July 30, 2018. Upon the exercise of a warrant, the warrant holder received a common share and a new warrant. To help meet the demand, one of the Company's directors transferred, for no consideration, 2,240,374 warrants to investors that exercised the warrants
Bullboard Posts