Post by
Vance4321 on Jun 24, 2015 1:36pm
Acquisition
Under the terms of the acquisition, Bedrocan Canada shareholders will be entitled to receive 0.4650 common shares of TMI for each common share of Bedrocan Canada held. It is expected that TMI will issue a total of approximately 33.9 million common shares in connection with the acquisition having an aggregate value of approximately $61.0 million based on the $1.80 per share closing price of the TMI shares on the TSX Venture Exchange on June 23, 2015.
Read more at https://www.stockhouse.com/news/press-releases/2015/06/24/tweed-to-acquire-bedrocan-canada#gPUUF8Ov7It5TbwZ.99
Comment by
cinema4d on Jun 24, 2015 1:43pm
and that $1.80 closing price is movable up until the rubber stamp day? which today is much higher.. C
Comment by
cinema4d on Jun 24, 2015 1:56pm
sorry ignore that stupid question...still asleep!...alhtough could BED go below .80..4-6 weeks is a long time C
Comment by
Windsorman on Jun 24, 2015 2:01pm
Go back to sleep if your that groggy. Your now iggy. Dah!
Comment by
cinema4d on Jun 24, 2015 2:18pm
I don't want to be iggy!...just excitied to see this moving finally..but yah too sleepy.. C