Current valuation of Enviroleach is 25c!!"Under the terms of the Arrangement, EnviroLeach will, prior to the effective date of the Arrangement, complete a private placement (the "Private Placement") of 10,000,000 subscription receipts of EnviroLeach (each, a "Subscription Receipt") at a price of $0.25 per Subscription Receipt for gross proceeds of $2.5 million, with each Subscription Receipt entitling the holder thereof to receive one EnviroLeach Share and one warrant to purchase one EnviroLeach Share upon the completion of the Arrangement."