Sokoman Minerals Corp V.SIC

Alternate Symbol(s): SICNF

Metals & Mining Industrial Metals & Minerals

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland and Labrador, Canada. Its projects include Moosehead Gold, Fleur de Lys, Grey River Gold, Kepenkeck Gold, Killick Lithium, Crippleback Lake Gold, Startrek and Iron Horse. Moosehead Gold property includes 98 claims totaling 2,450 hectares adjacent to the Trans-Canada Highway in central Newfoundland. Fleur de Lys project of 1,891 claims on the Baie Verte Peninsula of NW. Grey River property in southern Newfoundland includes 324 claims in seven licenses, centered on the community of Grey River. Kepenkeck gold project, located in central Newfoundland. Killick Lithium Project is in southwestern Newfoundland. Crippleback Lake Gold Project is in proximity to the Trans-Canada Highway in north-central Newfoundland. Startrek Property is located 20 kilometers (km) east of the town of Gander, Newfoundland and Labrador, Canada. Iron Horse project is located over 120 km northeast of Labrador City, Labrador.

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Sokoman Minerals Corp > Cheap Options and Warrants Exercised....?

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Comment by Maxmoeon Oct 27, 2022 9:07pm

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Post# 35054862

RE:RE:Cheap Options and Warrants Exercised....?

If "people" don't understand exploration companies have to raise money to drill and even keep the lights on, "people" should only buy revenue and profit generating companies. And sell all their juniors like sic. By the way I think they also did a flowthru deal at 40 cents which is a sensible way to reduce dilution a little.

AlwaysLong683 wrote: Correction to two typos from initial post:

SIC Financial Statements as at June 30, 2022
(can be found on SEDAR as mentioned):

Weighted Average Number of Common Shares Outstanding:

June 30, 2021: 143M

June 30, 2022: 204M

Increase of 42% in one year.

And people wonder why the share price remains so "cheap"...?