RE:RE:RE:more dilutions and dilutions and dilutions
ailyn63 wrote: it is in the news release jack. i thought babymines was lying again but he was speaking the truth
You mean the line in the meeting agenda?:
"to consider and, if deemed advisable, to approve an ordinary resolution to approve a proposed private placement (the “ICMC Private Placement”) of 31,000,000 units (the “ICMC Units”) of International CuMo Mining Corporation (“ICMC”), a subsidiary of the Company, to certain nonarm’s length parties to the Company (the “ICMC Investors”), at a price of US$0.10 per ICMC Unit, each ICMC Unit comprised of one common share of ICMC (an “ICMC Share”) and one share purchase warrant (an “ICMC Warrant”), with each ICMC Warrant exercisable to purchase one ICMC Share at a price of US$0.15 per share for a period of five years, excluding the votes attached to shares owned or controlled by such non-arm’s length parties and their joint actors participating in the ICMC Private Placement, pursuant to the requirements of the TSX Venture Exchange, and as more particularly described in the accompanying Information Circular; and"
Critical phrase in there is "to consider and, if deemed advisable". Don't shoot the chicken until the egg has hatched.