RE:RE:NEWS- Kennady Diamonds Announces C$48M Private PlacementTrying to convince the few financial broker companies in Canada to convince their clients to raise $24 million in exchange for pocketing 5% commission.
..as you point out...without seeing the valuations.
Nice to be one of those brokerages..not sure about the clients.
I can see $24 million worth of other shares in junior commodities being sold to raise money to gain access to the 5% bonus.
A few other stocks were sold to raise money for the SWY large financing. Don't think that actually helps the industry as a whole.
EKIM