RE:CFO wadehammer
“Following is the financing at Golden Queen during St-Germains tenure”
Your right, doesn't look that impressive to me either !
This Golden Queen is a very small cap company with a market cap of $96million,, cash of only $8mil and debt of $39 mil ?
For a start up “gold mining company” to be saddled with debt financing is problematic in the first place. Lets hope St-Germain can step up her game Integra had a $430 million market cap here,, getting this financing right is very important !
This is where I would like to see Integra some day,, $200 million in cash and no debt !
Follow those who get it right !
OSISKO MINING
Trading Symbol: TSX: OSK FOR IMMEDIATE RELEASE
OSISKO MINING COMPLETES $82 MILLION IN EQUITY FINANCINGS OF UNITS AND FLOW-THROUGH SHARES
Osisko continues to be well financed with approximately $200 million in cash and investments (after giving effect to the Unit Offering and Flow-Through Offering).
M2