OTCQX:BGMZF - Post by User
Post by
yaponskion Oct 03, 2013 5:10pm
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Post# 21789334
Wicked Days of Fall Financing
Wicked Days of Fall Financing I see Cream Minerals changed their name to Agave Silver Corp, executed a 10 to 1 share rollback and closing a private placement traunch today.
Before consolidation Cream Minerals had 150M shares. Post consolidation Agave Silver has 15M shares plus 6M new shares from the private placement the new CEO purchased.
6M of 21M shares gives the new guy more than 25% of the cmpany.
Ugly deals, eh... but probably the only financing they could find.