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Bullboard - Stock Discussion Forum Blackwolf Copper and Gold Ltd V.BWCG

Blackwolf Copper and Gold Ltd. is a mineral exploration and development company focused on base and precious metal projects located in Alaska and British Columbia. It holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska, as well as six Hyder Area gold-silver and base metal properties in southeast Alaska and... see more

TSXV:BWCG - Post Discussion

Blackwolf Copper and Gold Ltd > Closing of private placement deleyed
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Post by Goldengobbler on Apr 03, 2023 5:40pm

Closing of private placement deleyed

As stated about the private placement in the freshly released md&a of blackwolf.

"Anticipate the closing in early April."

I am thinking blackwolf could have gotten better terms if there still negotiating and waiting for new players.

I would have rather capped the pp at 6 mil and sunk some holes with that. Have a real tight budget until cantoo drill results then make the big pitch.
Comment by nofluff on Apr 03, 2023 7:05pm
The pp is kore than allowed by tsx without sh vote I believe. But it is 2 pp. And therefore technicalities need to b reviewed. thats my guess:)) nf