TSXV:EAST.H - Post by User
Post by
OneTwoOneTwoon Nov 30, 2021 8:59am
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Post# 34179287
$5M raise on a $2.44M market cap?
$5M raise on a $2.44M market cap?Clearly there is some money laundering going on here. Who buys shares at twice the current share price in a wholly owned sub that raises twice the market cap of the parent co? More lies and deception is my guess. Once day the authorities will step in. lol
185 received aggregate proceeds of $4,915,300 from the issuance of 9,830,600 of its common shares at C$0.50 per share. The Subsidiary is using the proceeds from the Offering for the acquisition and construction of new self-storage facilities and for general corporate purposes.