Aris Mining Corp T.ARIS

gldx warrant Question ?

[rotax1]

i wondered why gldx and gcm was in such a hurry to make a deal
 
i think is because the warrant exp 6 may 2021
before the proposal   gldx share value was 2.71 $ and now 3.70$
so is 900 000$  profit for the warrant holder versus 0 without proposal
 
( don t forget insider  think of them first)

and what happens to futur warrants

ex :  $4.00 WarrantsExpiring Oct 12, 2022       2.2M gldx share
     it is not the sme as 
         $4.00 WarrantsExpiring Oct 12, 2022       1.52 M gcm share   ( 0.694 gcm for each gldx)
     
imagine you exercise now
                    gldx at 4.10  (    4.10-4 x 2.2 M =   220000$ profit)
                    gcm at 6$     ( 6-4 x 1.52M  =         3 000 000$ profit )

My question do they changes the warrant price????



$1.32 Warrants Expiring Jun 12, 2024     3.4 M
$2.80 Warrants Expiring Aug 27, 2024     4.4M
$3.20 Warrants Expiring Jul 20, 2023        5.00M
$3.36 Warrants Expiring May 6, 2021       2.4M
$4.00 WarrantsExpiring Oct 12, 2022       2.2M

[likeike]

I rather doubt the warrants were ever seriously considered. So tell me are you one of those crazy conspiracy guys? IKE

[rotax1]

no i am a shareholder of gcm but i trade it  now my cost is 5.50$ on the share and on the warrant 4.10$ but gldx has so many options and warrants versus the number of shares  6.6M option + warrant  = 24 million potentiel gldx shar with alreay 53m share so it a lot of warrant versus the share i.m just trying to understand the process, it seems unfair to me the warrant is not a