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First Tidal Acquisition Corp T.AAA


Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company's principal business is the identification and evaluation of a qualifying transaction and once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities. The Company has not generated revenues from operations.


TSXV:AAA.P - Post by User

First Tidal Acquisition Corp > The PP . What would you do.
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Comment by Tuco110on Feb 13, 2014 10:37pm
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Post# 22208228

RE:The PP . What would you do.

RE:The PP . What would you do.
+-The capital markets for junior microcap exploration companies is very challenging and having ICL on our side gives us big shoulders to ride on as we grow up. Something Ethan said earlier about the alliance pp and off take being confusing in what was and what wasn't in it got me thinking. Is this structured to allow us to debt finance much more than the 65% stated earlier? Maybe in an effort to minimize financing dilution AAA is taking on more debt and issuing shares only to partners(ICL and Liberty). Maybe the monies from the development banks will be topped up by other financial institutions that would want an ICL involved in construction and operations, plus like the 80%-100% off take.
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