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BNP Resources Inc. V.BNX.A

An oil and gas exploration company


TSXV:BNX.A - Post by User

Bullboard Posts
Post by AgentCooperon Jun 25, 2009 6:09pm
665 Views
Post# 16099410

Private Placement

Private PlacementIt appears that BNP is trying to raise $1000000 by a private placement at $0.10, you also get half a warrant to buy at 0.10 as well...

The last few placements I have seen have been placed at a 10-20% discount to trading not a premium...

I guess my real question is what good is a million dollars going to do... any thoughts?

Cooper
Bullboard Posts