INT Good first PP done...
Nice bounce back today... 2nd part of PP is taken care of by
. In the event that the Common Shares trade at a closing price as we have a strong commitment to close an additional $20 Million from a US based fund, should we choose to do so
I like this part of the news release:
Each whole Warrant will entitle its holder to purchase one additional Common Share for $2.00, expiring on May 13, 2013. In the event that the Common Shares trade at a closing price on the TSX Venture Exchange of $4.00 or higher for a period of 15 consecutive trading days at any time after September 14, 2011, the Company may accelerate the expiry date of the Warrants by giving notice to holders thereof and in such case the Warrants will expire on the 30th day after the date on which such notice is given by the Company.
They must think we could be over $4 by end of summer ... so they are covering all the angles... Next week could be very interesting could be INT'S best week yet... Maybe a new high whoooooo hope so.. GLTA