RE:RE:RE:RE:My math says Sprott is tendering offer for Company May 8thI have attached the opening paragraph of the Feb. 20, 2019, WM press realease. Keep in mind it states Sprott can purchase up to 29,166,667 shares; it does state he is actually purchasing that many. Is it possible he will only purchase enough to put him at 25%?
Toronto, Ontario -- February 20, 2019 -- Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) (the "Company" or "Wallbridge") is pleased to announce a non-brokered private placement financing (the "Offering") of up to 29,166,667 common shares (the "Common Shares") at a price of $0.24 per Common Share for gross proceeds of up to $7,000,000 to Eric Sprott ("Sprott"), through an affiliated company of Sprott.