RE: RE: RE: Woulfe Mining Announces $20 million Co I must say, this was not what I was expecting. What happened to 'minimizing dilution to current shareholders'? At $20M total, $1,000 per unit, with each unit convertible to 3,509 shares, if all were converted, and Woulfe doesn't redeem any of the $7.5 allowable, that puts an extra 70,180,000 shares out there. And add an extra 14M+ in warrants.
Although, this kind of puts to rest the specualtion of a takeover coming anytime soon, in my opinion.
I really hope IMC related news flow starts shortly.
Disclosure - I own shares of Woulfe Mining Corp.