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Bullboard - Stock Discussion Forum IBERIAN MINERALS LTD V.IML

"Iberian Minerals Ltd is engaged in the exploration and development of mineral resource properties."

TSXV:IML - Post Discussion

IBERIAN MINERALS LTD > Current valuation of Enviroleach is 25c!!
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Post by helioft on Jan 25, 2017 9:16am

Current valuation of Enviroleach is 25c!!

"Under the terms of the Arrangement, EnviroLeach will, prior to the effective date of the Arrangement, complete a private placement (the "Private Placement") of 10,000,000 subscription receipts of EnviroLeach (each, a "Subscription Receipt") at a price of $0.25 per Subscription Receipt for gross proceeds of $2.5 million, with each Subscription Receipt entitling the holder thereof to receive one EnviroLeach Share and one warrant to purchase one EnviroLeach Share upon the completion of the Arrangement."
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