RE:Only Akiko could pull off a financing such as this !!!I"m confused by your 54% premium statement. How are calculating that? 30% yes but 54% ?? What am I missing?
Tarkus wrote: Today, Irving Resources one of my favorite holdings and company hit the jackpot in only a way they know how. They managed to pull off a financing at a 54% premium. Let me repeat a 54 % premium. The stock closed yesterday at $1.67 and today announced a non-brokered equity private placement with none other than Newmont Goldcorp. A 30% premium above yesterdays close. Only Akiko can pull something like that off. Having legend Quinton Hennigh in the wings of course adds to the sway this company holds. Bringing aboard a strategic partner like Newmont Goldcorp at a 30% premium screams volumes for the potential of this stock and the success that lies ahead. The financing will raise $6 Million w the issuance of 3,715,630 shares at $2.16 CDN. To learn more about the Dynamic Duo click on link above to learn about IRV. I recommended this stock for review at $1.06 in September of last year, as of now it is currently at $2.10 and marching higher. A nice 98% gain with plenty more to come as the drilling which is ongoing could release some spectacular results. Congrats to Akiko she really showed the Mining community how a financing should be done. KD