GREY:RGARF - Post by User
Comment by
gameofboneson Oct 30, 2017 10:24pm
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Post# 26879709
RE:Over two months,not trading yet?
RE:Over two months,not trading yet?It's been two years since Regal was last compliant with the CNSX, from Sedar filings. Any funds were likely used for BLM payments to secure Sunnyside up until now. The bulk of the payment from Barksdale, as per the News Release, was to be made after approval of the deal by the TSX, so just this month. I'm assuming auditing and compliance is close to or has just started. Hopefully early 2018 will see Regal listed again, depending on what the CNSX or TSX requires after two years.
With this property gaining interest and Arizona Mining to the east, anything could happen before relisting, depending on how eager a potential buyer is. PDAC 2018 will be interesting regardless.