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Bullboard - Stock Discussion Forum Green Battery Minerals Inc V.GEM

Alternate Symbol(s):  GBMID

Green Battery Minerals Inc. is an exploration-stage company. The Company’s principal business activities include the exploration and development of natural resource properties. Its Berkwood Graphite Project is located within the jurisdiction of Quebec, in the Manicouagan Regional County Municipality, three hours driving time from the city of Baie-Comeau. Its Stallion Gold Project is located in... see more

TSXV:GEM - Post Discussion

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Post by postie1 on Mar 08, 2024 10:32am

thats odd

If I am reading right, GEM granted T. Yingling 500,000 units at .09 on March 3rd and he exercised them on March 7th at .09. Why would he be given  and  exercise them at 3 times the market price? Usually grant of rights are lower, are they not? Just put 45 grand into GEMs bank account. I am not the only one to notice this and wonder.
Comment by Mark48 on Mar 08, 2024 10:56am
I'm wondering if it's expiration and just a cancellation? Because yeah it wouldn't make sense to buy 500,000 shares at 9 right now.
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