RE:RE:Amendment to (or amended) preliminary short form prospectus It potentially means they can offer twice as much dollar value in public offerings.
This could mean more dilution.
75 MIL OF ORIGINAL 250 MIL HAS BEEN DONE. Now it's only 75 mil of 500mil.
However that might not mean more dilution than in March. We don't know what the share price offer will be in future.
Just as an example:
250 million at 5.00 per share means 50 million new shares of dilution.
500 million at 10.00 per share means 50 million new shares as well.
Dilution will happen at some time, let's hope it is further down the line when share price has greatly accelerated.