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Alexandria Minerals Corp ALXDF

Alexandria Minerals Corp is a Canadian based gold exploration and development company. Its project consists of Orenada, Akasaba, Sleepy, Manitoba and Ontario properties together with the Other Quebec properties. It is mainly focused on exploring the cadillac break property which is located in Val-d'Or, Quebec. The cadillac break property consists of approximately 21 contiguous projects of over 460 claims, located in Bourlamaque, Louvincourt and Vaquelin Townships. The manitoba properties include


GREY:ALXDF - Post by User

Comment by Schmobyon Jul 25, 2018 4:43pm
110 Views
Post# 28367169

RE:9 cent warrents

RE:9 cent warrentsThe SP would have to be at or above .09 and within the expiry time frame (24 months from the close of the financing around April 2017), I assume you are referring to the ES 33m warrants.

I think at this stage though it's probably not very realistic but 9 months is a long time to go, that's also about a 100% premium from where we are right now. The only other scenario I could see on a long shot is exercising them to have more control on say a vote to sell or to block a hostile buyout (say AE), both seem unlikely to me however as well.

The FG lost the vote and we will see what happens from here, I have a weird feeling EO isn't done just yet judging by his previous efforts but we shall see. I hope he is done though, AZX needs to move on one way or another the shareholders are sick of dead money and having the exploration program stuck in neutral.
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