RE:RE:RE:RE:RE:RE:RE:Dumping 20M shares and keeping 10M warrants @$3.18He does, but I don't think that is anything of great importance. The problem is the deal came too early, raised more money than they needed (given the catalysts for the share price directly ahead) had horrible terms and was done via Canadian brokers versus trying to expand their footprint among US brokers using the leverage of a deal.
Does it really matter if NBF got a small portion of the offering versus more to Mackie or Canaccord? Not much.
That being said, I was pretty schocked to see NBF being part of the deal as the analyst there has hardly been supportive of TH lately. So, maybe Dubuc was helping some old friends a little. If so, it is nice to see he has loyalty to someone - too bad it couldn't have been us.
jeffm34 wrote: The CFO Dubuc has ties to NBF one of the beneficiaries
balmusette wrote: Eventualy it would be interesting to see if those who benefited from this deal ( especialy the large position buyers ) are friends or connected with some members of the board.