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Centric Energy Corp V.CTE



TSXV:CTE - Post by User

Comment by PaleRider22on Dec 01, 2010 10:36am
565 Views
Post# 17782926

RE: Insider Trade Summaries - TSX Venture 11/30/10

RE: Insider Trade Summaries - TSX Venture 11/30/10

Those are options being exercised (and sold) before expiring...right?

The implied aggregate equity value of the Transaction is approximately C$60 million on a fully-diluted basis, based on 92,303,103 Centric Shares outstanding and 5,700,000 Centric options outstanding with exercise prices ranging from C .06 to C.35 per Centric Share. Holders of Centric options who do not exercise their options prior to the closing of the Transaction will have their options cancelled.

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