Warrant accerlation?The hold on the shares of the september financing are lifted this week. I would expect to see a NR on the warrant acceleration soon. If these $0.12 warrants are fully exercised, that would put $3.5 million into the treasury which would fully fund the completion of the farm-in agreement.
The important takeaway here is the Company has the means and the method in place to raise funds to complete the first project. After which, the growth of the Canadian business will become self-sustaining.
I guess the question then becomes, when will the mush speculated MENA project be announced?
Do they announce it then announce the warrant acceleration or after?