Regarding NanoXplore objectives and funding sources Part #2
We note that of all the provincial governments within Canada, Quebec's most senior level representatives have been most active in unambiguously and most comprehensively supporting the placing of Quebec in the 'Canadian drivers seat'; this in terms of producing ('from mines to manufacturing') the necessary 'battery materials' and automotive parts and components which specifically support the North American BEV manufacturing supply chain.
NanoXplore 'principals' long ago envisaged the the day when the company would require very substantial Federal and provincial governments financial and other forms of support for it's intention to become and be sustained as and grown as being a integral 'advanced battery supplier' and 'advanced battery materials' poducer operating within the Canadian and North American BEV manufacturing supply chain.
Also, in comparison to just how much more Federal and provincial government support (from mines to manufacturing) is required for the necessary Canadian link to a North American wide 'battery materials supply chain', this proposed $500M capital raise is 'a rounding error of a sum' to place in support of a requisite Canadian manufacturing industry and North American and world wide business endeavor that is as 'nationally important' as the the endeavor which NanoXplore and it's partners and customers have been proposing.
There are a most specific handful of Canadian based 'advanced technologies' and advanced battery materials production methods and industrial scale processes 'controlling' corporations. These are advanced battery materials developing and would be industrial scale producers and manufacturers of undoubtedly most required 'advanced battery materials'; they are also companies that necessarily require the various comprehensive forms of assistance which the Canadian Federal and provincial governments most senior representatives should have long ago demonstrated the most solid committment to providing for such kinds of 'nationally important' Battery Electric Vehicles (BEV) industry players.
What immediately follows is once again something else that Paradigm Capital's Mr. Wolff and many others can place in their respectively held pipe and smoke.
A 'higher yielding' Federal and provincial governments 'co-sponsored' bond issued product, a investment instrument which would serve in allowing for the increased government supported financing of such North American, clearly globally relevant and requisite BEV "battery materials supply chain 'business initiatives" within Canada, is most assuredly what was needed, is needed and will be needed going forward.
What's more, you can bet your 'assets' that any 'initial series' tranche of said type of offered financial product would be clearly 'sold out' before you could blink your eye; i.e. should the offered yield be optimally determined and should 'the timing' of the introduction of such a government sponsored investment instrument be 'just right' - yesterday or right now.
NanoXplore share holders have done their part; i.e. we've all purchased and held loads of NanoXplore shares in support of a endeavor and/or endeavors which are of nationally important significance.
We don't need to be experiencing any sort of dilution, regardless of what is in fact presenting as a risk here with NanoXplore.
I propose that the most senior Canadian provincial government representatives of Ontario and Quebec, along with their Canadian federal governmet counterparts , 'entirely derisk' the positions of equities centric support which existing and long holding NanoXplore share holders have elected to take up and maintain.
Such a requisite measure of action undertaken on the part of the various provincial and federal Canadian governments, should have long ago been a foregone conclusion and have already occurred.
MAKE IT SO!