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West Red Lake Gold Mines Inc Com RLGMF

Metals & Mining Gold
West Red Lake Gold Mines Inc is a mineral exploration company. It is engaged in acquiring, exploring, and developing mineral properties in Red Lake Gold District, Canada. The company involves in mining several gold projects across Canada, which includes West Red Lake Project, Rowan Mine, Mount Jamie Mine, and Red Summit Mine.


EXPM:RLGMF - Post by User

West Red Lake Gold Mines Inc Com > RLG merging with shell company????????????????????????????
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Comment by Luckierjack2on Aug 27, 2022 10:25am
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Post# 34924419

RE:RE:RE:RE:RE:RLG merging with shell company????????????????????????????

RE:RE:RE:RE:RE:RLG merging with shell company????????????????????????????
BuyandGold wrote: When, for example I have 10k shares of RLG I expect after the transaction that I have 1.215 shares of DLV in return. Which I can sell on the market for hopefully 0,50 CAD minimum (last price traded) when the halt has been released.

Is this correct or do I miss something? What will be the impact of this deal on the DLV share price? The dilution will have a bad impact probably.



 
You are correct. The only risk is a number of RLG shareholders will sell. As my previous post said, tough deal for RLG. 

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