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Bullboard - Stock Discussion Forum CryptoStar Corp V.CSTR

Alternate Symbol(s):  CSTXF

CryptoStar Corp. is a Canada-based self-mining cryptocurrency producer. The Company and its subsidiaries operate in the distributed ledger technology space, utilizing specialized equipment (miners) to perform computationally intensive cryptographic operations to validate transactions on the Blockchain (mining), receiving digital currencies (primarily Bitcoin). The Company operates through three... see more

TSXV:CSTR - Post Discussion

CryptoStar Corp > 20-million-share private placement
View:
Post by Acplofshekels on Mar 31, 2021 4:51pm

20-million-share private placement

From Stockwatch:

2021-03-31 16:13 ET - Private Placement

 

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced March 5, 2021.

Number of shares:  20 million common shares

Purchase price:  10 cents per common share

Warrants:  20 million share purchase warrants to purchase 20 million shares

Warrant exercise price:  15 cents for a period of 18 months

Number of placees:   six placees

Insider:  A.C.N. 117 402 838 Pty. Ltd., 15 million

So good or bad for us???

Comment by Claudetrader65 on Mar 31, 2021 8:09pm
This post has been removed in accordance with Community Policy
Comment by risky on Mar 31, 2021 9:03pm
that was old news ..just more bashing, 
Comment by KILOFINAL on Mar 31, 2021 9:03pm
Sure.....Ok. I'll look forward to the 10 cent open so I can buy another 800K shares. Thanks for the heads up
Comment by Cryptobreak1 on Apr 01, 2021 10:03am
Hey dumfocks, that PP is long closed... this is just SEC accepting the filings for the placement that closed before the $25mil PP
Comment by risky on Mar 31, 2021 8:32pm
I guess they are buying more miners, only way to grow is to buy more machines and make more crypto. Not the best option for us shareholders to further dilute the float, but a necessarty one. 
Comment by Sonboss on Mar 31, 2021 8:57pm
this pp is already closed, it looks like an acceptance by the tsx-v...
Comment by KILOFINAL on Mar 31, 2021 9:01pm
Exactky Sonbass! the 20M PP is closed and the venture has accpted the filing. Good grief......some folks on this bullboard either can't read or jump to conclusions without doing any DD.....
Comment by Gigi06 on Apr 01, 2021 10:18pm
Way off course, this ws a previous deal that has been closed and finalized. They have become better now than ever before.
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