GREY:JWCAF - Post by User
Post by
The6Kidon Dec 06, 2019 3:39pm
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Post# 30430280
Why is this going down? Trichrome Financial
Why is this going down? Trichrome Financial Trichrome financial will benefit greatly from the share price being as low as possible when they issue the second tranche of the loan. It's there in plain sight...
"As consideration for providing the First Tranche and pursuant to TSX Venture Exchange (“TSXV”) Policy 5.1 – Loans, Loan Bonuses, Finder’s Fees and Commissions, JWC intends to issue the Lender 1,696,385 warrants to purchase common shares of JWC (the “Bonus Warrants”), and 984,208 common shares of JWC (the “Bonus Shares” and together with the Bonus Warrants, the “Loan Bonus”)."
"Subject to the approval of the TSXV, a similar loan bonus is anticipated in relation to the Second Tranche with pricing reflective of the then current market price of the common shares of JWC."
https://www.jwc.ca/press-releases/james-e-wagner-cultivation-corporation-announces-closing-of-$4-million-agreement-with-trichome-financial