RE:Mr. Tucker This is what I posted on ceo regarding this deal:
This is some serious money, way more expensive than in the open market. Exactly the same price the shares were valued at in the debt-for-shares deal with CCML.Part of this NR was also the debt relief of two directors of the company, and Terry was certainly one of them. Maybe we can take this as a hint that the CCML deal was finally approved by the TSX.
If this was the case, SML's balance sheet would look worlds better than it did in the last financials, and they'd certainly have more free resources to expand their operations - also because CCML would now be the largest shareholder with 19.9%.