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Omai Gold Mines Corp V.OMG

Alternate Symbol(s):  OMGGF

Omai Gold Mines Corp. is a Canada-based mineral exploration and development company. The Company is engaged in the acquisition, exploration, evaluation, and development of mineral properties. The Company, through its wholly owned subsidiary, Avalon Gold Exploration Inc., holds a 100% interest in the Omai Prospecting License and a 100% interest in the adjoining Eastern Flats Mining Permits. The Company is focused on the exploration of the past producing Omai Gold Mine in the Potaro Mining District of Guyana. The Omai property is located 165 km south-southwest of the capital city of Georgetown, Guyana. The Company also has a 100% ownership interest in the Grenfell Gold property in Kirkland Lake, Ontario.


TSXV:OMG - Post by User

Post by trooper22on May 17, 2024 9:03am
64 Views
Post# 36045074

Almost 16 million warrants come due June 25

Almost 16 million warrants come due June 25There are almost 16 million shares at an exercise price or .17 (1.2 million) and .23 (14,700,000) coming due on June 25.  If they get exercised it can increase the overall fully diluted share structure which I would hope does not happen.  Keeping the share price below the .17 until after June 25 in my mind might be a good thing.  I would expect we will see alot more price increases after that date.  Just my opinion!
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