RE:8.1 Million shares to insidersTSX doesn't allow warrants for shares for debt - this is a simple reversal from last years P/P, the real "astute" ones may notice there are no warrants in todays press news release:
Its amazing how lazy and stupid you morons are. mostly stupid though, but you already know that
2015-12-23 16:21 ET - Private Placement The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 2, 2015.
Shares: 42,014,975 Price: five cents
Warrants: 21,007,488 share purchase warrants to purchase 21,007,488 shares
Exercise price: 7.5 cents for a two-year period
Placees: six
Insiders: Gagan Goel 33,914,975; Robert Dinning 2,500,000; James W. Dk one million; Hassan Hassan 1.5 million; Keith Margeston 900,000