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ORACLE MINING CORP V.OMN

"Oracle Mining Corp is engaged in the acquisition, exploration and development of mineral resource projects. The Company owns the Oracle Ridge copper project."


TSXV:OMN - Post by User

Post by petergoldmannon Nov 11, 2012 2:32pm
204 Views
Post# 20586617

Someone please explain this to me

Someone please explain this to me

I am confused and having a hard time to understand the last news release and the release before that. I thought they are raising 10 MM in equity, 10MM in NSR, and 15MM for the offtake agreement, coming to a total of 35MM. 

So where are the 20MM in equity suddenly comming from. That would mean they would have 55 MM in total?Someone please explain.

Thanks

P. 

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