RE:RE:RE:Blackrock going public.When this consolidation and amalgamation of Blackrock and CXE is complet there will be about 103 MM shares with an implied value of .25 / share Not sure what the share value of the original Blackrock holders was as little is disclosed.. I expect this deal will have huge support by those in the know and they will run the share price up considerably before doing a financing to fund the development.
From their NR:
shareholders of BlackRock will be entitled to receive one postconsolidated common share of Camex in exchange for every one common share of BlackRock that they presently hold. All outstanding convertible securities of BlackRock will also be exchanged for equivalent securities of Camex. It is also a condition of the proposed transaction that Camex complete a consolidation of its existing share capital on a five-old-for-one-new basis and change its name to Blackrock Metals Corp.