RE:RE:Deal Price fourierNL wrote: This is from the fission website
- Attractive 30% premium to Fission’s 20-Day VWAP and the ability to participate in the upside of Paladin.
- Meaningful 23% ownership in a global, multi-asset uranium company with exposure to the producing LHM.
- Continued exposure to the Patterson Lake South project’s (“PLS”) future operational profile and exploration upside.
At 0.86 cents fission shareholders would own 23.5 % of paladin. Today's marketcap of fission is 740m cdn. When the deal closes paladin will have approx 400 million sharecount and a marketcap of 3.11 billion cdn. Prior to the deal the marketcap of paladin was 2.41 billion cdn. + 740 million = 3.11 billion. So 3.11 billion x 0.235 = 730 million. My sharecount could be off a bit and the fx rate as well, but the numbers work out for what they are reporting.