Anaergia Inc. T.ANRG

NEWS 60m bought deal.

[ferret_ca]

https://money.tmx.com/en/quote/ANRG/news/4536063539109181/Anaergia_Inc_Announces_60_Million_Bought_Deal_Offering_of_Subordinate_Voting_Shares

I like this deal a lot as it allows them to expand a bit quicker. since it's ipo it's revenue backlog from it's boo projects has grown to 1.9b, pretty impressive imo, plus the ceo has committed to 5m worth of the bought deal  bringing his economic interst in anrg to 51%, again very impressive and talk about skin in the game.

the deal is priced at 12.50 /sh,  it shows open for now at 1 of my brokerages and I've put my expression of interest in, not holding my breath though, lol. I would expect a dip tomorrow but this sure looks good medium to long term.

cheers and gl ferret

[ferret_ca]

I managed to cancel my expression of interest this morning and bought another 2k around 12.20ish. it now shows the offering at 12.50 as sold out at my brokerage. I'm sure it'll be volatile for the next little while , I won't be adding any more as I'm a bit overweight at this point.  cheers ferret

[CHECKMATE77]

an expression of intrest is legally binding. 

[Possibleidiot01]

You learn something new every day . That's a phrase I'd never heard before - "expression of interest" Wikipedia defines it as An indication of interest (IOI), sometimes expression of interest (EOI), is an expression in finance that demonstrates a buyer's non-binding interest in buying a security in the stock market, often before it is available for purchase. Not binding.