Post by
ChinookGeo on Jan 29, 2021 1:09pm
Subsequent Events
20. Subsequent events Subsequent to September 30, 2020, the Company sold a total of 1,154,000 common shares of Algernon at an average price of $0.39 per share and a total of 1,695,000 common shares of HAVN at an average price of $1.08 per share. On November 12, 2020, the Company purchased 2,857,143 units in the capital of Alpha Esports Inc. for a total cost of $1,000. Each unit consists of one common share and one common share purchase warrant. Each full warrant entitles the holder to purchase one additional common share at an exercise price of $0.50 per common share for a full warrant for up to two years from the date of issue
Comment by
Stockieee on Jan 29, 2021 2:17pm
How much cash is left? Some trading on the OTC, seems to be establishing a base. I don't have time to read over the info on sedar. What do you make of it?
Comment by
ChinookGeo on Jan 29, 2021 3:07pm
As of September 30th, 13.5 cash 12.6 Equity investments 1.6 other assets So assuming they flipped the cash from proceeds of AGN and HAVN straight into Alpha Esports I assume current around the same mark. Again the snap shot is based on financials at September 30th. Need more information and update on investments to make that call.