Just Thinking Out Loud I notice in the last Financials, seems not much of the 31 Million Warrants have yet to-be exercised.
The treasury would see over $ 3.6 million in Capital come in if all were exercised.
To-days news , from a mining Exploration consideration IMO is fantastic. The Surface DSO resource should triple by end 2024 pushing over 500,000 tns of copper..
Mining VS Traders
Notice in the last month the millions of shares that traded always keeping the share price below $ .12
PS, the cost to buy a share was $ . 08 and entitled you to also buy a share for $ .12 good for 2 years to exercise the warrant.
Traders here observing Stockwatch.you will notice the same trading houses flipping there shares back and forth keeping the share price below the warrant $ .12 exercise price.
Under the terms of the LIFE Offering, the Company issued 28,847,375 units (“Units”), at a price of C$0.08 per Unit, for aggregate gross proceeds of approximately C$2.31 million. Cantor Fitzgerald Canada Corporation (the “Agent”) acted as sole agent and bookrunner in connection with the LIFE Offering. The Concurrent Offering was completed on a non-brokered private placement basis in which 2,450,000 Units were issued for aggregate gross proceeds of C$196,000 on the same terms as the LIFE Offering.
Each Unit consists of one common share of the Company (each, a “Common Share”) and one Common Share purchase warrant (each, a “Warrant”). Each Warrant entitles the holder thereof to purchase one Common Share at a price of C$0.12 at any time on or before October 5, 2025.
ps, sell the news , traders shorts comming down..
Traps7
| V:BAY - Aston Bay Holdings Ltd. - https://astonbayholdings.com/ | 12:23:25 EST |
| BAY - V | 3.5 | 0.11 | · | 0.115 | 132.5 | 0.11 | +0.01 | 10.0 | 904.5 | 98 | 115 | 0.105 0.12 0.105 | 0.34 0.025 | 11:32:13 | 07:01 | 15 min RT 2¢ |