RE:CZX placement...again at higher than current trading levelsYes. Flow-through shares so it's for the wealthy investors can have some taxation benefits.
The higher, the better for them. The moment, I got it we went to $0.275! Congrats.
https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/flow-through-shares-ftss.html
As for the retail shareholder its more dilution and no sight of any form of deals to unlock the value of the company. They were talk of "free shares" on a spin off. And KZ. Teck, blah, blah...
And what does that mean? "certain affiliates of the Sprott Group of Companies".
We know CZX love to name drop but the reality is another thing.
Still a great resource but management has yet to deliver value.