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Signal Gold Inc ANXGD


Primary Symbol: T.SGNL

Signal Gold Inc. is a Canada-based gold development company. The Company is engaged in advancing the wholly owned Goldboro Project in the Canadian mining jurisdiction of Nova Scotia. The Goldboro Project is an advanced exploration and gold development project located approximately 175 kilometers (km) northeast of the city of Halifax, 60 km southeast of the town of Antigonish, and 1.6 km north of the village of Goldboro, on the eastern shore of Isaac’s Harbour, in Guysborough County, Nova Scotia, Canada. The Company has consolidated approximately 28,525 hectares (285 km2) of prospective exploration land in the Goldboro Gold District.


TSX:SGNL - Post by User

Post by shiftyoneon Oct 24, 2024 11:29pm
89 Views
Post# 36281461

The over prescribed financing again and again

The over prescribed financing again and againI don't think that any of you should be concerned that now SGNL is offering up to 120 million shares at .0877.  Plus 60 million warrants.   that is not dilution(jk).   well, maybe it is diluting the new NEXG.

The good news... you all still get 1 share of NEXG for every share of SGNL.  It just means that NEXG will have a few more shares outstanding.

How many of you have an average price of 0.087 with bonus warrants if it goes above .11?

That's another 50% dilution, that you couldn't get in on.
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