RE:RE:GAP @ $1.56 was not closed. Sorry going downblizzard21 wrote: It looks like the GAP was filled. The slide is most likely due to dilution. See below for some facts from Q2 FS & MD&A:
OUTSTANDING SHARE DATA
As at January 2, 2018 there are:
64,323,854 common shares outstanding (October 31, 2017 – 25,812,872);Stock options outstanding for the purchase of 1,500,000 common shares at an exercise prices ranging from $0.38 to
$1.00 (October 31, 2017 – 5,200,000);
Warrants and finders warrants outstanding for the issuance of 22,101,670 common share warrants at an exercise prices
ranging from $0.05 to $0.20 per share (October 31, 2017 – 4,162,663); and Special warrants and finders special warrants for the issuance of 29,333,332 common share purchase warrants with an
exercise price of $0.40.
(i) In December 2017, the Company issued a total of 483,210 common shares pursuant to the exercise of warrants at a
price of $0.05 per share for a total consideration of $24,160.
(j) In December 2017, the Company issued a total of 2,000,000 common shares pursuant to the exercise of options at a
price of $0.40 per share for a total consideration of $800,000.
(k) In December 2017, the Company issued a total of 1,250,000 common shares pursuant to the exercise of options at a
price of $1.00 per share for a total consideration of $1,250,000.
(l) On December 6, 2017 the Company received $10,000 as full repayment relating the loan entered into on November
13, 2015, as a lender, for an amount of $10,000. The loan agreement provided for a term of two years and simple
interest at 14% per annum, with interest receivable upon maturity date.
(m) On December 16, 2017, the Company converted 23,333,333 special warrants and 2,333,333 special finders’
warrants into an equivalent number of free trading units in the capital of the Company. Each unit consists of one
common share and one share purchase