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YAN:CA V.YAN



TSXV:YAN - Post by User

Comment by Tumbleweed67on Mar 04, 2010 2:19am
378 Views
Post# 16841301

RE: RE: Yangarra Announces Private Placement $4.00

RE: RE: Yangarra Announces Private Placement $4.00"then again, watch for selling tomorrow as they sell to use the proceeds to buy back at 7.5 cents to get that warrant."
I don't know about that...they were buying on the open market around 9 cents. I'm sure this financing didn't just spring to mind. They had to know it was coming so it wouldn't make sense to me to sell for the PP.

Maybe I've just never noticed it before, but is this quote from the NR normal? Are they referring to control of the company, or the warrants themselves?
"Each warrant is subject to early termination in the event of a change of control"

TW
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