Oh boy! 10 million shares to be issued for licence?https://www.stockhouse.com/news/press-releases/2015/10/22/chlormet-increases-ownership-in-aaa-heidelberg-after-passing-health-canada-mmpr
Chlormet is puf for newbies. Uh oh. I didn't realize that the agreement was for shares instead of cash. Delta big wigs aren't going to be happy about this dilution, especially when they're getting shares at more than $2. Is that why there's a delay? I hope not.
"As per the share exchange agreement, Chlormet will issue additional shares as AAA Heidelberg continues to advance through the MMPR application process. An additional 2,000,000 common shares will be issued upon the receipt of notification from Health Canada that AAA Heidelberg has cleared the Review Stage. A further 10,000,000 common shares will be released upon the issuance of a Health Canada MMPR license. This final release would complete the ownership exchange between the two entities."