TSXV:TEK.RT - Post by User
Post by
WatchLearnEarnon Apr 30, 2017 11:15pm
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Post# 26185573
Rights Offering... When? Do it already!
Rights Offering... When? Do it already!This was announced on 3/15 and we're still waiting for it to be initiated. What's the hold-up? I've freed up a sizeable (for me) chunk of change that I want to drop into this, assuming they also offer an over-subscription option.
We know the share price. $0.015. What we don't yet know is the warrants price which will be "equal to the last closing price of the Company's common shares prior to the announcement of the Rights Offering."
Maybe they're going to issue news in hopes of boosting the SP before the Rights Offering? Hopefully not as I certainly wouldn't mind $0.025 warrants to go along with the $0.015 shares.
Announce it Monday!