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Bullboard - Stock Discussion Forum AXE EXPLORATION INC V.AXQ

"Axe Exploration Inc is a Canadian based exploration stage company. It is engaged in the business of acquiring, exploring and developing of mining properties and also holds interests in properties at the exploration stage located in Canada. It has interests in four properties, which are located in Quebec, mainly in Abitibi area. Its properties include Destorbelle Property, Commandant Property... see more

TSXV:AXQ - Post Discussion

AXE EXPLORATION INC > Update this coming week
View:
Post by atika on Oct 28, 2018 10:32am

Update this coming week

If my sources are valid, we will get an update by the company this coming week. According to my understanding of the situation : 1. The deal will be sweetened for Axe's actual shareholder 2. We will learn something more about the opportunity to be acquired by Terranueva 3. Stock brokers will lead the financing; it is certainly a good news on the credibility's perspective.
Comment by Happy2K18 on Oct 28, 2018 10:41am
According to you the fractionation would be of how much.Approximatif
Comment by atika on Oct 28, 2018 11:13am
I cannot give you an exact answer. What I know is that David McDonald listened to the complaints of the shareholders. I had many conversations with him and I tried to let him know that he had to do something because a 16 for 1 reverse split was unacceptable for shareholders, even if Terranueva is still a great opportunity for us. Remember that the junior mining sector is completely depressed and ...more