RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Acquisition announcement
Apologies, your right, it does say that, now that I re-read the PR. Its a bit to slick the way the company dropped in the 15m bought deal financing into the Omnia deal PR when they look like two separate transactions if I'm understanding correctly. These should have been seperate PR's. Mgmt trying to hide the 15m financing?
So according to these guys(below) 18.25m shares worh cad$28.7 implies cad $1.57 per share
https://esportsobserver.com/enthusiast-acquire-omnia-media/ this
"Blue Ant will be compensated in three asset types. The company will receive a cash payment of $11M CAD ($8.25M), a vendor-take-back note worth $5.75M CAD ($4.31M), which will bear a 9% annual interest rate and carry a maturity of 36 months, and 18.25M common shares of Enthusiast Gaming worth $28.7M CAD ($21.53M) at the time of writing. Blue Ant is expected to own approximately 18% of Enthusiast Gaming once the acquisition and bought deal financing are completed"