GREY:DULMF - Post by User
Comment by
Jackal85on Mar 19, 2013 5:22am
145 Views
Post# 21148739
RE: Financing
RE: Financing Hi all,
thanks for the answers. So if I understood correctly, DM plans an IPO rather than a spin-off (free shares to old shareholders) of DM Exploration? In that case a "newer" shareholder (without warrants) would have to invest money to participate in a potential discovery, right?
Or say it the other way around, at the moment a "newer" Shareholder could not really participate in a discovery, because he would not get any piece of the new company without investing in it... Please correct me if I'm wrong, but I still want to understand in which way the current sp would react if DM finds something on their 100% owned lands.
Does anyone know if DM would hold shares of the newco? (This would be the only way to participate then)