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Bullboard - Stock Discussion Forum Meridian Mining UK Societas T.MNO

Alternate Symbol(s):  MRRDF

Meridian Mining UK Societas is focused on development and exploration of the advanced stage Cabacal VMS gold-copper project, regional scale exploration of the Cabacal VMS belt and exploration in the Jauru & Araputanga Greenstone belts (the above all located in the state of Mato Grosso, Brazil). The Cabacal Project has licenses covering approximately 50 kilometers (km) of the 55 km VMS belt. The... see more

TSX:MNO - Post Discussion

Meridian Mining UK Societas > Meridian Mining U.K. to list 36.8 million more shares!
View:
Post by Camryc on Apr 29, 2023 3:36pm

Meridian Mining U.K. to list 36.8 million more shares!

Meridian Mining U.K. to list 36.8 million more shares 2023-04-28 16:08 ET - Prospectus Approved The Toronto Stock Exchange reports that Meridian Mining

U.K. Societas will list an additional 36.8 million shares at the open on May 2, 2023. According to the TSX, the listing will cover shares to be issued at 50 cents per share, pursuant to the terms of the prospectus supplement dated April 26, 2023, to the short form base shelf prospectus dated Feb. 24, 2023.


$18.4 Million versus the second PR announcing $16 Million! Appears extremely Bullish to me!
Comment by Grimey2 on Apr 29, 2023 6:50pm
Is this good news guys, or bad?
Comment by FreddieSanford on Apr 29, 2023 8:18pm
" What Is an Overallotment?  An overallotment is an option commonly available to underwriters that allows the sale of additional shares that a company plans to issue in an initial public offering or secondary/follow-on offering. An overallotment option allows underwriters to issue as many as 15% more shares than originally planned. The option can be exercised ...more  
Comment by TFSAfunds on Apr 29, 2023 11:56pm
Hey Grimey... for once, why don't you TELL us, rather than ask us whether something is good or bad!!! You always seem to point out that anything the Company does/says is the greatest thing since "sliced bread", so why the hesitation now? C'mon Grimey... spill it, you think this is fabulous, fantastic, unreal, best ever news, we're on a roll, to the moon ... It's time for ...more  
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