TSXV:CSG.H - Post by User
Comment by
anon3on Nov 06, 2009 6:00pm
440 Views
Post# 16463074
RE: RE: Been a Blast !!!
RE: RE: Been a Blast !!!ya might want to recheck your math
Common Shares at a price ofC$1.25 per fully diluted share, subject to an increase in such price byC$0.01 for every 1% increase in the price of gold calculated from astarting gold price of US$1,050 to the 5 day average London Gold Fix(PM) price for December 18, 21, 22, 23 and 24, 2009, provided that themaximum final Offer price shall not exceed C$1.50 per Common
1100 POG = 4.5% = 4.5 + 1.25
1150 POG = 9.5% = 9.5 + 1.25
1200 POD = 14% = 14 + 1.25
1250 POG = 19%= 19 + 1.25
1300 POG = 24% = 24 + 1.25
1321 POG = 25% = $1.50 max/share