OTCPK:GBGPF - Post by User
Comment by
The6Kidon Mar 16, 2017 8:15pm
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Post# 25991200
RE:derivative instruments
RE:derivative instruments "For the three months ended January 31, 2017, loss on derivative instruments was $2.4million. This increase is attributable to increased value attributed to
the embedded derivative liability relating to a conversion to equity option contained within the convertible debentures.This option expired at the end of the first quarter of 2017."
That's out of the MD&A. I don't fully understand it but it appears it won't be repeated.