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KENNADY DIAMONDS INC V.KDI

"Kennady Diamonds Inc. is a Canada-based diamond exploration company. It is engaged in the exploration, discovery, and development of diamond properties in Canada's Northwest Territories."


TSXV:KDI - Post by User

Comment by ekimon Oct 08, 2015 6:00pm
109 Views
Post# 24177166

RE:RE:Valuations/financing

RE:RE:Valuations/financingThe Company paid cash finders' fees of $258,525 on a portion of the offering.

Kudo's to KDI, that is one of the least expensive financing I've seen,. 0.5% overall fee/commission whatever you want to call it.

All non-brokered...meaning funds went direct to KDI and shares were deposited into said accounts.


On the books for about $6 million flow through.

Maybe NAR should have cashed up to $48 million before releasing the valuation report. Smart gain on KDI.

EKIM
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