Hats off to management.This is a real accomplishment for any junior mining company.
especially one with no proven reserves to speak of.
5.40 is a fair price IMO, you can't always raise money right at the top, especially for a large raise like this...there has to be sme extra insentive for the guys taking on the risk.
A bought deal is a hard enough pitch as it is with no warrants attached so personally, I'd rather see the buyers get slightly cheaper paper than hold a half or even whole warrant as dilution is now getting up there.