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Sokoman Minerals Corp V.SIC

Alternate Symbol(s):  SICNF

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland and Labrador, Canada. Its projects include Moosehead Gold, Fleur de Lys, Grey River Gold, Kepenkeck Gold, Killick Lithium, Crippleback Lake Gold, Startrek and Iron Horse. Moosehead Gold property includes 98 claims totaling 2,450 hectares adjacent to the Trans-Canada Highway in central Newfoundland. Fleur de Lys project of 1,891 claims on the Baie Verte Peninsula of NW. Grey River property in southern Newfoundland includes 324 claims in seven licenses, centered on the community of Grey River. Kepenkeck gold project, located in central Newfoundland. Killick Lithium Project is in southwestern Newfoundland. Crippleback Lake Gold Project is in proximity to the Trans-Canada Highway in north-central Newfoundland. Startrek Property is located 20 kilometers (km) east of the town of Gander, Newfoundland and Labrador, Canada. Iron Horse project is located over 120 km northeast of Labrador City, Labrador.


TSXV:SIC - Post by User

Comment by BlueChipper2020on May 16, 2021 6:28pm
191 Views
Post# 33211921

RE:RE:I guess you didnt read this... Why would SIC need another PP

RE:RE:I guess you didnt read this... Why would SIC need another PP
AlwaysLong683 wrote:
I should add that, like Stockwatcher said, warrants are the concern as they are issued directly by the company to an investor giving that investor the right to purchase shares at a specific price and at a specific date, whereas options are contracts between two investors themselves and, to my knowledge, do not really have much (any?) impact on share dilution.





Stock options and warrants are both equally dilutive if each are exercised or in the money since they increase the total shares issued. However only IF EXERCISED. Warrants are typically issued as units in PPs and stock options to management and consultants. Not really sure what the issue is. BC
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