OTCQX:FSXLF - Post by User
Post by
savinfamilyon Sep 14, 2020 6:52pm
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Post# 31557362
warrants not restricted from tomorrow 9/15
warrants not restricted from tomorrow 9/15907.937 x 1,10 $
6.818.180 x 2,00 $
If warrant holders exercise warrants and receive Fosterville South shares as a result of exercise prior to the Effective Date of the spinout transaction (10/22/2020), they will receive corresponding shares in Leviathan Gold Ltd. If all these warrants are exercised, this would bring an additional (approximate) $14.63 million into the Fosterville South treasury, bolstering an already strong cash position and balance sheet.
how much money needed for warrants are the fresh money and how much are from the sale of the already holded shares ?