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Ursa Major Minerals Incorporated T.UMJ



TSX:UMJ - Post by User

Comment by MJJPon Mar 05, 2012 8:20pm
264 Views
Post# 19630047

RE: 25:1 as of what date?

RE: 25:1 as of what date?

I am not sure this is a fixed deal at .15. When the deal was agreed Prophecy share price was $3.70.  What if the share price plummets before the sighing? Do we still get 1 for 25 . What if the share price rises? Do we get less shares as that would push  the 30% premium higher?

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