Maple Gold Mines Ltd V.MGM

Alternate Symbol(s): MGMLF

Metals & Mining Gold

Maple Gold Mines Ltd. is a Canadian-advanced exploration company. It is focused on advancing the district-scale Douay and Joutel gold projects located in Quebec's prolific Abitibi Greenstone Gold Belt. In addition, the Company holds an option to acquire 100% of the Eagle Mine Property, a key part of the historical Joutel mining complex. The Douay Gold Project is located over 55 kilometers (km) southwest of Matagami and 130 km north of Amos, Quebec, by road. The Joutel Gold Project is 100% owned by the 50/50 Joint Venture (JV) between Maple Gold and Agnico Eagle Mines Limited (Agnico). Joutel Gold Project is located approximately 70 km southwest of Matagami and 125 km north of Amos, Quebec, by road. The Eagle Mine Property is a 77-hectare property located several kilometers west of the former mining town of Joutel in mining-friendly Quebec, Canada. Its Morris property is located approximately 30 km east-northeast of the town of Matagami, or over 110 km north-east from the Douay camp.

TSXV:MGM - Post by User

Maple Gold Mines Ltd

Bullboard Posts

Post by Sailsawayon Nov 02, 2020 2:40pm

203 Views

Post# 31823954

Please don't bash; I have an honest question as I learn

The idea of the warrants appeals to me. If the market value of mgm.wt reaches $0.40 (strike price), can I trade warrants directly for stock or do I still have to come up with $0.40/share to buy the stock? If so, what happens to the market value I have in the warrants?

Similarly, if the warrant market value is, say $0.30, do I still need $0.40 (strike price) to buy the stock or just the difference, i.e. $0.10?

Thanks.

Bullboard Posts

Unique Battery Metals opportunity in Quebec