RE: John EmbryI'm pretty sure the financing regarding Sprott was done before Embry was in control, and Coach, (as usual), is right in all his possible scenarios. The following is part of the news release in May of 02:
Eastmain Resources Inc. (TSE: ER) announced that it has completed a non-brokered private placement of 6.1 million units for proceeds of $1,830,000. Each unit consists of one common share and one-half of one common share purchase warrant exercisable for 12 months at $0.40 per share. Sprott Asset Management Inc. and Dundee Precious Metals Inc. have each purchased 2.5 million units.