All the news are for this pp:Bravo Venture 8.7-million-FT-share private placement
2008-09-09 20:31 ET - Private Placement
TheTSX Venture Exchange has accepted for filing documentation with respectto the first tranche of a non-brokered private placement announced Aug.7, 2008, and amended Aug. 14, 2008.
Shares: 8.7 million flow-through shares
Price: 27.5 cents
Warrants: 4.35 million share purchase warrants to purchase 4.35 million shares
Exercise price: 35 cents for an 18-month period
Hidden placees: 13
The good-looking news is for the pp, which means that company sell this private placement at better prices. This is the normal trick for all companies do. After they sell all the pp shares, the stock prices will Free Fall !