RE: RE: Afri-Can to Proceed With $2.5 Million PrivOk,
Please do not take this the wrong way, but reading comprehension does not seem to be your strength...
Again from the press release :
The Thyme share purchase agreement (“Agreement”) between Afri-Can and International Dredging andHolding Ltd ("IMDH") and BV Investments Four Hundred and Nine (Pty)Ltd. has been amended. The Agreement now stipulates that Afri-Can undertakes (a) to raise a minimum of US$2 million upon TSXVenture Exchange approval of theAgreement but no later than March 15th, 2011 (previously no laterthan January 31st,2011), and (b) to raise the balance ofUS$3.5 million within 90 days of the completion of the first sampling phase(previously no later thanMarch 31st, 2011). The firstsampling phase will commence after closing of the privateplacement.
And this was a press release about a private placement....
So let make this clear, as soon as they close the PP of $ 2,5 million and the TSX as given its approval, the sampling start...
Is that clear enough...
Come on guys read the material before asking questions....
That is why this stock thank so much, nobody reads what the Company writes but everybody has an opinion on how bag things are...