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Intl Northair Mines Ltd INNHF



GREY:INNHF - Post by User

Bullboard Posts
Comment by Ahsanon May 29, 2011 2:49am
279 Views
Post# 18640729

RE: RE: RE: Financing drag on stock - it'll trade

RE: RE: RE: Financing drag on stock - it'll tradevectorcan and rljp both of u.. do me a favor. get glasses. seriously. if u have glasses get bigger ones. what warrants man. what warrants.

this is from their website and their news.

Warrants Outstanding:

2,105,000 @
.20 to May 14, 2011
4,333,000 @
.20 to May 19, 2011
9,398,166 @
.50 to March 19, 2012

Mar 17, 2011
International Northair Mines Ltd. (TSX VENTURE: INM) (the "Company" or "Northair") is pleased to announce that it has closed its non-brokered private placement with the issuance of 17,126,666 Units at a price of
.30 per Unit for gross proceeds of $5,137,199.80. Each Unit is comprised of one common share and one half warrant. Each warrant will entitle the holder to acquire one common share of Northair at a price of
.50 for a period of 12 months immediately following the closing date. The warrants will be subjected to an accelerated exercise provision if the share price of Northair closes at or above
.75 for 10 or more consecutive trading days.

The common shares issued and the common shares underlying the warrants are subject to a four month hold period ending on July 18, 2011

now look at those paragraphs look at it. the warrants for may 14 and may 19 are expired. gone. the 9398166 warrants dont come on the market until 4 months have gone by on the PP. the PP was closed on march 17 so 4 months from there is July 17. plus the mgmt  are getting options at 0.71 (they are idiots right..) when they would do the options at 0.71 and the stock is going that low. good luck to that 0.40 or 0.50 bids.  when u guys say lies or bs or dont know for sure how many warrants are there plzz do me another favor. post a comment below and say that i am lying or bs or i am just not sure so then i dont have to waste my time replying back and proving u wrong. for now u go on ignore. calling me a pumper. look at u. what a pathetic basher.
Bullboard Posts