RE@Scandium Canada 19.46-million-share private placementThe Dilution is killing our s/p....Sure our CEO is GREAT at hands on operation, but terrible at the business aspect(imho).....No wonder the s/p keeps sinking.....Market Cap stays the same but our Outstanding Shres keeps climbing(our piece of the pie gets smaller and smaller)....Need some earth shattering news to move the needle ....I just hope and pray we don't get stuck with a R/S down the road....nonetheless, we shall see what the man is capable of for ALL it's SHAREHOLDERS.....GLTA
2024-09-10 22:16 ET - Private Placement
Financing type: non-brokered private placement
Gross proceeds: $973,000
Offering: 19.46 million listed shares with 9.73 million warrants attached
Offering price: five cents per listed share
Warrant exercise terms: 10 cents per warrant for a 24-month period following the closing date of the private placement
Non-cash commissions: nil
Public disclosure: Refer to the company's news releases dated June 27, 2024, and July 25, 2024