RE:RE:RE:5 mins agoThe lowest private placement pricing allowed under the TSX Venture rules is 5 cents. That being said I would be very surprised if we didn't see a private placement announcement soon with shares priced at 5 cents and a full warrant at 5 cents for 5 years or something very similar. Given the current share price SNA would have to make any offering appealing via the warrant given that they can't offer anything cheaper than 5 cents for the share. I'm hoping that the company actually has an ace up their sleeve as alluded to by BL, but I've heard this company cry wolf more times than I care to remember. I still have a large position in the company which may one day be used to offset other gains.