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Bullboard - Stock Discussion Forum Callinan Royalties Corporation CCNMF

Metals & Mining Industrial Metals & Minerals

GREY:CCNMF - Post Discussion

Callinan Royalties Corporation > Gold Royalties Share Conversion
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Post by DuckConfit on Aug 14, 2013 12:19pm

Gold Royalties Share Conversion

If you're keeping score at home, Callinan now has the exclusive right to be the owner of 23.65% of an illiquid company with a $10M market cap. It only cost them $5.4 million.

But wait! If the exersize the warrants, they can own 38.24% of that company!
Comment by Nazarbaz on Sep 01, 2013 9:03pm
Which company?
Callinan Royalties Corporation
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