RE:RE:RE:RE:Closing of the 2nd Tranchel0gbyt3r wrote: i'd asked this question here a few days back: https://www.stockhouse.com/companies/bullboard/c.bwc/big-wind-capital-inc?postid=27128326
shouldn't be long now i think (only $250k or so more to raise)
There were two tranches at 0.15, and there may yet be a third tranche at 0.15. The first tranche of 0.35 has closed (implying there will likely be another tranche to come). This could be the reason we are waiting on further news releases the finalizing of the deal.
See the CSE BWC page and click on "Issuance of Securities" at the bottom right of the page and you'll get all the details about who is investing and what has closed so far. Page 9, 5.b states: "
A total of 6,645,247 common shares for both tranches combined. The potential third tranche of the $0.15 common share private placement has not closed. A total of 4,377,300 common shares for the first tranche of the $0.35 unit private placement." Big Wind CSE At these market prices, it should be easy to raise the rest of this PP very quickly and close everything out. I anticipate good news in the next weeks and into January.
On IR, don't forget that they very likely have material information that they cannot disclose, especially if a deal is getting inked very soon. I agree that robust IR can boost the share price, but I'd have have some news releases with big substance that would get this over a few bucks long term rather than a flash in the pan.
Cheers.