GREY:AQARF - Post by User
Post by
BlueberryHillon Mar 25, 2021 3:10pm
173 Views
Post# 32877067
Deal Dropped
Deal DroppedEasy for me to say as I have bought at .09 and 0.095 and may be able to buy this down to .05 or less, sorry for those who own it much higher. IMHO Osisko is going to have to step up themselves, they have a lot invested in the Back Forty.
AQA Aquila Resources cancels offering, withdrawsprospectusThu Mar 25 13:37:51 2021 EDTAquila Resources Inc (TSX:AQA)Shares Issued 338,284,556Last Close 3/24/2021$0.09Thursday March 25 2021 - News ReleaseMr. Guy Le Bel reportsAQUILA RESOURCES ANNOUNCES WITHDRAWAL OF PRELIMINARY PROSPECTUSIn light of current market conditions, Aquila Resources Inc. has determined not to proceed with its previouslyannounced marketed equity offering at this time and is withdrawing its preliminary short form prospectus filed onMarch 24, 2021. The company also does not intend to move forward with the contemplated concurrent privateplacement.Aquila will work with its advisers to consider and evaluate various strategic alternatives to maximize shareholdervalue, including looking to realize value from its Wisconsin properties. The company will also continue to work withOsisko Technical Services, which is leading the preparation of an optimized feasibility study for the Back Forty projec