TSXV:RLV.H - Post by User
Post by
Mimibegaloon Jun 14, 2017 4:42pm
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Post# 26363461
Read the News release carefully and you will know
Read the News release carefully and you will know why it hasen't moved up yet.
We still have a second tranch of financing to be closed on or before the 19th of Jun 2017 at 10c.
The Company has completed an initial closing with gross proceeds of $2,011,500 and issued 20,115,000 units at a price of $0.10 per Unit. Each Unit is comprised of one common share and one common share purchase warrant; each warrant entitles the holder to acquire one additional common share of the Company at an exercise price of $0.15 per share for a period of two years from the date of issuance. The company expects to close a second and final tranche on or before June 19, 2017.
IMHO it will move once the second and final tranche of the financing is closed.
Good luck
Mimi