RE:RE:Okay!Tough to expect reply back at this time of year.
I had interview with Mark this week and will post link here when it's out. I asked him about this. His answer was along the lines of, "When we arranged that loan it was not clear if the warrants that were due to expire would be exercised or not."
I agree about potential perception of conflict of interest. Always important to dig deep into the story when you see large loans in junior mining companies like this.
One thing that occurred to me -- the entity that got those bonus warrants hasn't been selling into secondary market. I think they even bought earlier in the year? They are apparently quite bullish on the company and for them to have another 18M warrants at 5.5C gives the company another source of funding in the future, fwiw.
Imagine if AAN had tried to raise $1M from the street right now?