RE:RE:RE:RE:RE:Games again for the financing or whatever ?The $6M working capital facility matures March 25, 2021. We are less than half way into the 12 month facility. The loan isn't convertible into equity although that is one way to deal with maturity. I don't see the stock being held hostage or being prevented from running. It is simply supply and demand and there is little demand or supply of shares. If you think the shares are a deal and want the stock price to go up, buy shares.
Financing is coming at some point. The company claimed to be fully funded to the end of this year (which includes a $1m option payment in Nov). There is no urgent need to raise funds today unless it's a great deal for shareholders and we are all aligned.
For the amount being raised eventually, I guess $15 million or $20 million Canadian dollars at $4 per share, meaning only 8% dilution, and I guess no warrant too:
-$7M for a regional drilling campaign
-$6M for the WCF maturity in March
-$2M for option payments from Jan 2021 to Sep 2021
-R