OTCPK:NWKRF - Post by User
Comment by
Charlie_Chanon Aug 22, 2018 6:21pm
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Post# 28502425
RE:RE:RE:very confused
RE:RE:RE:very confusedDcowboy31 wrote:
Why is this significant? Cannacord were not underwriters for this financing.
You are correct about Canaccord not being the underwriter
"Under the terms of the offering, the underwriters have agreed to purchase 60 million units from the treasury of the company at a price of 75 cents per unit and offer them to the public by way of short form prospectus"
I am assuming/guessing Canaccord benefited from the initial offering.