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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Post by romaraon Jul 12, 2012 3:47pm
330 Views
Post# 20108237

For Your Interest

For Your Interest

 

For your interest, Re: MMY....a private Dutch investment house just picked up the rights to buy some warrants coming due on Jul 21, 2012...the exercise price is .50...the share price today is .38 ...

 

There is 24,112,500 commom share warrants......They just bought the rights to the warrants for .08, and with the warrant excersise price of .50....tht makes it .58.....a .20 cent premium over todays price

They are going to excersise the warrants...that will give them along with a private purchase from a major shareholder another 30, 000,000 share.....this will give them approximately 26% of MMY

Now that's a sweet deal for investors to get on the bandwagon ....Richard

 

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