RE: Once the PP closes this will move higherwon't take 2 weeks for the PP. It was non-brokered....likely all the shares were spoken for right away. It would just have to be approved for filing by the exchange and good to go after that as far as I know. I have seen it take as little as a couple days for the exchange to accept the filing of the PP from the time it closes.
Only thing I'm not sure on is whether or not the company will send out a news release announcing the closing of it, but I am guessing so. If they do, then a day or two after that it should be "accepted for filing" by the exchange.