Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Centric Energy Corp V.CTE

TSXV:CTE - Post Discussion

Centric Energy Corp > Financing
View:
Post by CNVCM on Oct 05, 2010 12:15pm

Financing

Anybody hear that they are doing a big financing? I'm hearing $10 million. Can anyone confirm?
Comment by diognees on Oct 05, 2010 1:18pm
  Find that hard to believe  If they tried to do a $10 mil financing at these prices they would be lucky to do it at .20ergo it would mean issuing 50 million shares plus 25 mil WTSBe more prudent for them to wait until after the Court Hearing, which will hopefully be decided in their favor, and then do the first traunch of financing at higher prices.All that would be available down here ...more  
Comment by Irulecrap on Oct 05, 2010 2:14pm
Try to keep up. They have all the money they need until drilling starts and that won't happen until next year. Even then  they will only need $6  million.Centric Energy has 18.75 million warrants exercised2010-09-15 16:37 ET - News ReleaseMr. Alec Robinson reportsCENTRIC ENERGY COMPLETES WARRANT EXERCISEFurther to a Stockwatch press release dated Aug. 23, 2010, givingnotice of the ...more  
Centric Energy Corp