TSXV rules do not allow for greater than a 25% discount to mGreat results today... however for the pp. Please read:
https://nasdaqnewsreports.blogspot.com/2022/12/second-100-percent-gainer-time-for-a-third.html?m=1
Dont sell, hold the line - call the exchange - enough voices will make them do something.
"TSXV rules do not allow for greater than a 25% discount to market prices."
"If the private placement is refused, particularly if open market buyers see the value here and push this to $0.30 and beyond, all of the sleazy financiers who are likely shorting the stock to take advantage of the placement will have to cover. Not with shares in the placement, but on the open market. NILI is ripe for a short squeeze. The only thing that can stop this is Canadian retail day trading fools who don't know how to trade or make any money panic sell at a loss. Buy AND hold. Don't complain on the message boards about the raise. Make yourself useful and complain to the Exchange instead. "
Keep a paper trail - let's hold management accountable for the pp.
"To report a complaint about a breach of exchange policies by a listed issuer or market participant
Please contact:
TSX: disclosure@tmx.com
TSXV: complianceanddisclosure@tsxventure.com