Alexandria Minerals Corp ALXDF

Expected

[biotechguy1]

Doesn’t erase the current debt situation.   It also only recognizes shares and not options or warrants.

so roll back approved at 0.025 means the new shares will site around $ 0.25 for mmmm maybe one or two trading sessions then a finance must occur to eliminate debt and get drilling again?
Not likely in this market ....PRBshould off 0.005 per share it will match the roll back eventually 0.25 will become 0.08 pay out the debts and own it all ....or watch the suffering continue for a few more months ...

GLTA

[cfaer]

Suffering indeed.The share dump this morning so far is nearing 5 million shares and almost all  at .025c. I've called other day but never did get a return message from AZX. Some say this is just tax loss selling,,,sic sic. 

[DaGeneral]

Hello BioTech, It may or may not affect options and warrants - the document says:  "All outstanding options, warrants and other rights to acquire securities of the Company, if any, will be affected by the Share Consolidation, in accordance with the adjustment provisions contained in the instruments giving rise to the issuance of such securities." So it all depends on the source