RE:As I said ...I must admit, this proves that there back was against the wall... So desperate lol. Now the question is: will they piss the bed again, or did they learn from there past mistakes ?
keeniinvestor wrote: they needed cash! Why only $8M AGAIN & at these low prices is beyond me. Just sell the store guys.
MONTRAL, Jan. 24, 2019 /CNW Telbec/ - LGC Capital Ltd. (TSXV: LG) and (OTC-PINK: LGGCF) ("LGC") is pleased to announce that it has received a binding commitment from Arlington Capital Inc., a private London based investment company for a private placement of 80,000,000 common shares in the capital of LGC at a price of $0.10 per share for aggregate proceeds of $8,000,000.