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CANADIAN MINING CORP V.CNG

"Canadian Mining Corp is a junior exploration and development company. It is focused on creating shareholder value through the advancement of its assets which include the Bullard Pass Property in Arizona."


TSXV:CNG - Post by User

Post by dart321on Sep 27, 2017 1:09am
200 Views
Post# 26746244

The Numbers To Date

The Numbers To DateThe initial share structure of free shares was 5.9 million. To date we have traded 4.2 million shares over 55 cents. I believe the remaining 1.7 are in the hands of insiders and close friends. Which indicates to me the float has turned over. On October 2nd because of the pooling agreement only 2.75 million shares become free trading then every four months thereafter an additional 2.75 million become free trading. As I understand it that pooling agreement reflects on the warrants also. A very limited float going forward.
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