GREY:ALXDF - Post by User
Comment by
TheAtomon Jun 14, 2019 5:27pm
104 Views
Post# 29827927
RE:Only .04 ??
RE:Only .04 ??Marine2 wrote: For all these years of poor suffering shareholders / BS,, .04 !
The Alexandria Arrangement has been priced based on deemed value of CDN $3.88 per common share of O3 Mining (on a post-Consolidation (as defined below) basis), being the purchase price of subscription receipts issued under Chantrell's CDN $18.2 million financing, and values the common shares of Alexandria at CDN $0.04 per share. The deemed purchase price of CDN $0.04 per common share of Alexandria represents a premium of approximately 18% over the five-day volume weighted average price ("VWAP") and approximately 23% over the 20-day VWAP of common shares of Alexandria on the TSX Venture Exchange as of the close of trading on May 13, 2019.
Lets see what happens Sailor.