Latest news releaseAccording to SA news release today, SA bought 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. Southern Arc has paid $0.07 per unit for an investment of $526,316.
But in Eagle Hills Release today it said that :
The company has issued 7,518,797 units at 0.133 per FT unit for proceeds of $1.0 million.
So I am a little bit confused here is it $526,316 or $ 1 million?
Anyone understand this?
GLTA.