TSXV:NKW.H - Post by User
Comment by
BayWallon Jan 25, 2022 10:01pm
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Post# 34360784
RE:Curious
RE:CuriousWhen I read about it, for charities I was wondering. Charity flow through shares can usually be issued with as much as 70% premium to market price of stock.
While traditional flow-throughs only 10-20% premium. So less dilution.
Canadians give over $10 billion to charities. Why not help both the charities and exploration companies, renewable energy developers, etc. And get charity tax credit from Revenue Canada.
I don't exactly know how it works, but the charities in turn sell the stock to anyone in the world. There are facilitators who will do everything on behalf of charities and the issuing companies.
For the renewables sector to qualify--Renewable energy and energy conservation - Canada.ca