RE: 27cts...Release is a little bit confusing.
I guess this money is mainly to get started on the Quebec property.
I don't think you can use flow-through shares for exploration projects outside of Canada. Can someone confirm that?
I am wondering if with the 80 - 20% split they are saying 20% will be used outside of Canada 80% within Canada.
Flow-through shares provide a tax advantage which would allow them to price the units a little bit higher but 27 cents still seems high.
I don't really understand that part of it.
Maybe Sedar will have a better worded release regarding it by Monday.