Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 BlindBoyon May 18, 2021 10:29am
130 Views
Post# 33221552

RE:RE:RE: Hell-bent on keeping this sp down until tommorow ???

RE:RE:RE: Hell-bent on keeping this sp down until tommorow ???You're only partially correct.  Sprott does not have to wait 24 months to exercise his warrants. That 24 months is merely the time of expiration for the warrants.

He can exercise the warrants once the 4 month holding period expires, provided the exercise doesn't take him beyond 20% ownership, and if he has not been voted approval (by shareholders) as  a control person. 

If he has been approved as a control person, (that meeting vote is today, May 18), then that restriction on a exercise which takes him beyond 20% does not apply.

In that case, he can exercise those additional warrants beyond 20% at anytime from the end of the 4 month hold to the 24 month expiry date, and the funds go directly to the company .
<< Previous
Bullboard Posts
Next >>