Stock price back to future Astounding, prior to massive sulphide discovery, spectacular drilling results and hosting rumored 20 million tonnage, the stock price is now back to 2018 pre-consolidation level of one-and-half cents. "...consolidate the issued and outstanding common shares of the Company on a 10 pre-consolidation for 1 post consolidation basis (the “Consolidation”) and concurrently therewith proposes to undertake a post consolidation private placement to raise gross proceeds of up to $1,750,000 (the “Offering”).
The Offering will consist of a combination of flow through and non-flow through units priced at $0.15 per unit, with each unit comprised of one post consolidation share and one warrant entitling the holder to acquire a non-flow through post consolidation share at a price of $0.20 for a term of three years."