RE:RE:Price pressure will be downBearBull007 wrote: [quoted=88guy88]Raise is $6,000,000 at 5 cents and investor gets 1 share and "a warrant also" excercisable at 10 cents...
thats on top of already outstanding 55 million warrant waiting to be excercised
its a knife....waiting to fall
According to the NR, the shares/warrants won't be added to the public market until after the July 12, 2021closing date. If I'm not mistaken, Fabled Copper should be spun out by then, with these additional shares/warrants becoming a part of Fabled Copper's outstanding shares and not a part of the outstanding shares of Fabled Silver Gold. So the SP of Fabled Silver Gold should be unaffected by these additional shares/warrants.
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That is correct. The news release has nothing to do with Fable silver Gold. Fable copper will be its own entity entirely. 6mil was expected to be raised for fable copper as per a previous news release or interview. 55 million warrents don't put pressure on the share price as its already baked into the current share price. Its when there excersized that will put pressure on the share price and only then.