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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

Penbar Capital Ltd
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Comment by coffintraderon Nov 29, 2011 1:20pm
289 Views
Post# 19275193

RE: Flow Thru Shares

RE: Flow Thru SharesYou can only sell flow through shares on canadian projects. I doubt they will do a PP at these levels... maybe $.25 is my guess. The bonus here is that the PP is short form (which means the shares are free to trade right away) Better this way than waiting 4 months etc.. and in 4 months then u get a load of paper coming into the market... this way it's free to trade right away and anyone that wants to trade it or out can do so whenever.. Big Institutions are taking this though from what it appears on the news release so it'll be fine :) Industrial Alliance and Casimir have big players.
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Dealroom for high-potential pre-IPO opportunities