Strategic Financing"Pursuant to the terms of the Private Placement, Sibelco purchased: (i) 109,692,764 Common Shares at a price of approximately $0.091164 per Common Share (the "Per Share Price") for gross proceeds of C$10,000,000 which resulted in Sibelco owning approximately 19.9% of the issued and outstanding Common Shares"
It would not surprise me eventually get a 10 for 1 share rollback in the months ahead. This would be a very good for the company. Finally share price would move up proportinally! Needs to be done! Or be at a billion shares outstanding if 63 million dollars of financing is done.