RE: RE: Valued at $1.32The new company, McIntyre, New Gold will own 9.9% based on paying $3.5 million cash for the shares valued at .78.
It also says that the new compay will have $15 million in cash for exploration development. Plus the deal is also based on the current value of New Gold. I took the year high on new gold and on a 25,000 current position of SQI, it worked out to over $6,000 more.