Keep it simple! no speculation! Stick to the factsthe news release dated April 6, 2021, the Company has completed the second and final tranche (the “ Final Tranche ”) of its non-brokered private placement of units (each, a “ Unit ”) for total gross proceeds of $5,000,000. Through the Final Tranche, the Company issued a total of 3,704,000 units (each a “ Unit ”) of the Company at a price of $0.50 per Unit. Each Unit consists of one common share (a “ Common Share ”), and one common share purchase warrant (a “ Warrant ”), each exercisable into one Common Share at an exercise price of $1.00 for a period of three years from the issuance date, subject to acceleration, at the Company’s discretion, in the event that the Common Shares trade at a price on the CSE of greater than $1.50 per Common Share for a period of three consecutive trading days. All securities issued in connection with the Final Trance are subject to a four-month-and-one-day hold period under applicable securities laws.
Yacuny---
if you don't understand it s not that important Just know that they finalized pp
most important thing is they are doing great with daymak preorder420 mil (30%) and partnership with fairwater.:) :)