blue0987 wrote: I'm with TD here in the states, and have yet to have my shares transferred. The reason being TD has yet to receive the new shares from the transfer agent, why the delay is unknown (perhaps to busy giving themselfs stock options .. see below)
The following securities issued and outstanding as of 11/282018 .... Directors, officers and consultants mined 10% of the float from shareholders to give themself stock options, and then offered a below market $0.30 per FT share private placement, when combined increased the FD shares by 30+% over a 1 month period. Personally not thrilled by either transaction by management.
November 28, 2018 - Common shares - 43,970,845 - Stock options 3,225,000 - - Fully diluted shares 47,195,845
September 30, 2018 - Common shares - 33,426,512 - Fully diluted shares - 33,426,512
Increase due to stock options & PP:
Vancouver, British Columbia, October 15, 2018 – GATLING EXPLORATION INC. (TSXV GTR) (“Gatling”) announces that it has granted incentive stock options under its stock option plan to directors, officers and consultants for the purchase of up to 3,250,000 common shares at a price of $0.21 per share for a period of three years, subject to the acceptance of the TSX Venture Exchange.
Gatling Exploration Inc. has closed the first tranche of its private placement in the amount of 10,777,664 flow-through common shares at 30 cents per FT share for total gross proceeds of $3,233,300.
The gross proceeds from the issuance of the FT shares will be used for Canadian exploration expenses and will qualify as flow-through mining expenditures, as defined in Subsection 127(9) of the Income Tax Act (Canada).