OTCPK:REMRF - Post by User
Post by
heckler73on Nov 06, 2009 11:44am
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Post# 16461183
Warrants dilemma
Warrants dilemmaFrom the OCT 19th NR:
TORONTO, Oct. 19 /CNW Telbec/ -- Roxmark Mines Limited (TSXV-RMK) today announced that investors in a December 2008 private placement financing have fully exercised their common share purchase warrants. Roxmark has received the sum of $2,142,856 pursuant to the exercise of 14,285,712 common share purchase warrants at an exercise price of $0.15 per share. Expiry of the warrants was advanced under certain conditions as per the agreement.
If GMP was (one of) the major purchaser(s), then they are going to have a lot of ammo to unload...
be prepared, and be patient,
if you can afford to wait...
But I wouldn't be too quick to jump in at THIS juncture...