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Eagle Hill Exploration Corporation V.EAG



TSXV:EAG - Post by User

Post by Kewl2on Apr 08, 2014 6:09pm
309 Views
Post# 22427187

Southern Arc increases ownership of EAG..............

Southern Arc increases ownership of EAG..............Southern Arc Purchases Additional Shares and Warrants in Eagle Hill Exploration

https://www.marketwired.com/press-release/southern-arc-purchases-additional-shares-and-warrants-in-eagle-hill-exploration-tsx-venture-sa-1897448.htm

This is a twist ---> Southern Arc has purchased 7,518,797 million units in a structured transaction involving the issuance of flow-through units to investors, their donation to charity and subsequent resale by charities to Southern Arc.

Hmmmm... buy it -- give it away --- buy it back -- wonder what the tax benefits are???
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