RE:RE:NNAUrbani is right.
Mr. Sprott bought GGI and MTS in both the financings and in the open market.
No reason he might not do the same on NNA.
In the market he gets instant stock and in the financing he gets some warrants.
Easy to justify paying above market in a financing if you feel NNA is going to $10+ as the warrant more than justifies the extra $0.25 cost.
The guy is a genius!