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Penbar Capital Ltd V.PEM


Primary Symbol: V.PEM.P

Penbar Capital Ltd. is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and, once identified and evaluated, to negotiate an acquisition or participation by completing a qualifying transaction. The activities of the Company are initially limited to the efforts to identify and evaluate the acquisition of assets and business, which would represent a qualifying transaction for regulatory purposes. The Company has not commenced commercial operations and has no significant assets.


TSXV:PEM.P - Post by User

Bullboard Posts
Post by Oilseekeron Jan 19, 2011 4:44pm
392 Views
Post# 17998282

PP verses Warrants

PP verses Warrants
Warrants Exercise Price Expiry
38,315,000
.25 –
.50
March 1, 2011-Dec 17, 2011
235,000
.50
May 28, 2011    = $117,500
6,945,000
.30
April 23, 2011   = $2,083,500
6,485,000
.30
May 12, 2011    = $1,945,500
21,394,000
.35
Dec. 17, 2011   = $7,487,900
2,800,000
.25
Dec 17, 2011    = $700,000

As some have mentioned a PP to happen in the near future, I think the warrants will be exercised
and added to the piggy bank (over 13 million) , if I understand warrants, if not please correct

Year of the Profit, Oilseeker
Bullboard Posts