Fosterville South Exploration Ltd V.FSX

RE:RE:RE:Leviathan - Trading Restrictions

[idleweiss]

Here is the problem. I have done this before with PP and warrants. If your broker is a Canadian bank (for example, I am with Scotia) then they charge $200 for depositing shares in your account that cannot be traded - whereas they charge very little for tradable shares. It's better to not deposit any share in your account until they are tradable - just hang on to the paper that the company will give you. So, if I am correct and four tranches are deposited in your account at different times when the shares being deposited cannot be traded for 4 months each then the bank (if you are with a bank) will charge $800 for all four tranches.