Medivolve Inc MEDVF

Sulliden Mining Capital investment in MEDV is for 5 years

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Sulliden holds 24,935,893 shares in MEDV and they will hold it for 5 years.   You have proof that Sulliden is raising $ 3 million in their own company for operations, which confirms that they will not sell any of their MEDV shares when they become unlocked on November 10th.

The same metology will apply to the rest of the Stan Bharti and friend companies.

Uptrend is developping in MEDV. 

TORONTO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Sulliden Mining Capital Inc. (TSX: SMC) (“Sulliden” or the “Company”) announces a non-brokered private placement financing of up to 22,222,222 units of the Company (“Units”) at a price of $0.135 per Unit for gross proceeds to the Company of up to $3,000,000 (the “Offering”). Each Unit will consist of one common share of the Company and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder thereof to acquire one common share of the Company at a price of $0.25 for a period of five years following the closing date of the Offering.

All securities issued in connection with the Offering will be subject to a statutory hold period of four-months and one day. Completion of the Offering is subject to a number of conditions, including shareholder approval and all approvals from the Toronto Stock Exchange (“TSX”). The Company intends to use the net proceeds of the Offering for the advancement of its East Sullivan mining project and for general working capital purposes. The Offering is expected to close on or about November 26, 2021.