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ENERGIZER RESOURCES INC T.EGZ

"Energizer Resources Inc is an exploration stage company. It is engaged in the advancement of the Molo Graphite Project, consisting of a commercially minable graphite deposit situated in the African country of Madagascar."


TSX:EGZ - Post by User

Post by riverrockon Mar 07, 2017 8:21pm
241 Views
Post# 25947925

Why does EDGAR confuse?

Why does EDGAR confuse?Goodman and Company's holding in Energizer Resources shares listed is still a total of 89,231,000 shares. However the two releases below can confuse one.

The Amended Statement of Ownership (sc 13g/a) dated 03/07/2017 at 2:16 PM stated that on August 17, 2016, which was the day before the news release concerning the purchase of Energizer Resources by Dundee's CMP 2016 Resource Limited Partnership -which includes, Goodman, Sprott and others- indicated that Goodman and Company held 45,714,286 shares of Energizer Resources
see https://ih.advfn.com/p.php?pid=nmona&article=74034823

Another Statement of Ownership (sc 13g) dated 03/07/2017 at 2:14 PM stated that on August 17, 2016, the day before the news release concerning the purchase of Energizer Resources by Dundee's CMP 2016 Resource Limited Partnership -which also includes Goodman, Sprott and others- indicated that Goodman held 43,516,714 shares of Energizer Resources.
See https://ih.advfn.com/p.php?pid=nmona&article=74034809

Notice that the the total number of shares held by Goodman (45,714,286 + 43,516,714) still adds up to 89,231,000 shares. Why has EDGAR waited until March 7, 2017 to announce such?


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