TSXV:BNX.A - Post by User
Post by
AgentCooperon Jun 25, 2009 6:09pm
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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