RE:RE:RE:RE:Good numbers Issued and Outstanding Following the Share Consolidation
Common Shares (TSX: GCM) 20,450,401 (subject to rounding for fractional shares)
March 18, 2019 2018 Debentures (TSX: GCM.DB.U) US$45,970,216 principal amount convertible at a conversion price of US$1.95 into approximately 23,574,470 common shares, representing a conversion rate of approximately 513 common shares for each US$1,000 principal amount of 2018 Debentures
2020 Debentures (TSX: GCM.DB.V) US$100,710,085 principal amount convertible at a conversion price of US$1.95 into approximately 51,646,197 common shares, representing a conversion rate of approximately 513 common shares for each US$1,000 principal amount of 2020 Debentures
...appr. half of 2020 debentures will be tranferred into 2024 debentures end of may31 2017.. so around 26 million shares for settelment of 2020 debentures ....a lot of the remaining 2020 debentures will bought back or setteled in cash , 2024 will be fully setteled in cash...
i expect appr. 35-40 million sharses will be issued until end of 2020 ... my calculation is based on 60 million shares