TSXV:PKP - Post Discussion
Post by
chenteddybear on Jan 09, 2011 2:13pm
Company Share Capital
The number of outstanding shares for this company has its reason.
PetroKamchatka had approximately 300 shareholders, from many international jurisdictions, when it effectively became listed on December 11, 2009.
No single shareholder owned more than 10% as of the listing date.
Upon completion of the share and warrant offer for PetroKamchatka Resources Plc, PetroKamchatka has 488,498,039 common shares outstanding.
PetroKamchatka also has 20,882,774 warrants outstanding, exercisable at prices ranging from US
.15 to CAD$1.25.
PetroKamchatka also has 21,325,000 options outstanding, exercisable at prices ranging from US
.10 to CAD$1.25.
https://www.petrokamchatka.com/investors/share-capital
Looks like this is the year for the company to rise. Volume proceeds the price. The sale of the rig will get this company back on to the track and put the SP back to above .10 at least.
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