EXPM:MXMSF - Post by User
Post by
Goldbug317on Oct 13, 2005 6:42pm
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Post# 9699360
what were up against
what were up against
We have to work through this wall of stock at .35 that canaccord recieved for doing the 10 million share placement last february
Agent: Canaccord Capital Corporation
Agent's fee: $240,000 cash, 1.5 million agent's warrants* and 300,000 corporate finance units**
* Agent's warrants are exercisable at 35 cents per share for a one-year period.
** Each corporate finance unit comprises one share and one share purchase warrant exercisable at 35 cents per share for a one-year period.