Signal Gold Inc. T.SGNL

US$21.0 Million Financing

[linvest]

Nicely done, it removes the financial stress due to the 8 $M that was due soon and that could fueled the short...
Like also the fact that this will be repaid from the proceeds of the whole project finance facility.
Miminum dilution for now (15 M warants @ C$ 0.44).

[DoumDiDoum]

Yep, nicely done Rob Dufour!

[GoldNHill]

Agreed....derisking the project with minimal dilution...excellent!

[nozzpack]

We are now $40 million in debt and diluted by another 15 million shares. SN knows something that most don't know. Why did they not seek a sale of the NL assets much earlier which would have made this debt added on debt unnecessary . And what a waste of time Yesterdays webinar was. Reading off their corporate presentation and rationalizing the debased share price on Algos. Yeah right

[VillaManya]

You're beginning to sound a lot like NL MOOSE who used to hang around here like a bad smell.  Are you by any chance related?

[DoumDiDoum]

Again, misinformation. We are not diluted as the agreement is to provide warrants. We will be diluted if they exercize them. And we do not have $40M in debt as we will withdraw money if/when we need it. What is SN? Management is working with what they have. You were quiet for some times Nozzpack and I was hoping you got filled to your 7 digits number and let it fly. It seems that you still have