Cam Battley Hi:
It's standard language. And in any case, even if we were to use paper, dilution would be minimal on that amount.
Warm regards,
Cam
Sent from my BlackBerry 10 smartphone on the Bell network.
From: Sent: Tuesday, March 7, 2017 10:40 To: Cam Battley Subject: Re: Peloton |
Good morning,
As an investor, I think the acquisition of Peloton is a great idea. However, can you please explain what's meant by this statement:
Under the terms of the Proposal, and subject to all conditions precedent being satisfied, the Company will provide a total investment pool of $7,000,000 of cash and common shares of Aurora for distribution to creditors.
Is ACB considering to further dilute it's shares, even with the last $75 mil private placement?