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Bullboard - Stock Discussion Forum Mira Resources Corp V.MRP

TSXV:MRP - Post Discussion

Mira Resources Corp > more news
View:
Post by stockmyster on Feb 17, 2012 6:40am

more news

 

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 9, 2012, and amended Feb. 10, 2012.

 

Number of shares:  20 million shares

Purchase price:  20 cents per share

Warrants:  10 million share purchase warrants to purchase 10 million shares

Warrant exercise price:  30 cents for a one-year period

Number of placees:  10 placees

Insider:  Attock Investments Ltd. (Mohammed Asibelua), 7.5 million

Comment by stockmyster on Feb 17, 2012 6:49am
I think this news actually posts the participants in the previous PP Does anyone have the rest of the news, It only shows the top insider partcipating.
Comment by juststocks500 on Feb 17, 2012 9:54am
The NR states the Warrant calculation as follows. So even less dilution and making the price of the second share at .60 cents consuming 2 warrants. "Each unit is comprised of one common share and one half warrant with each full warrant being exercisable at .30 per share for 12 months from closing"
Comment by BlindBat_1 on Feb 17, 2012 10:17am
The NR states the Warrant calculation as follows. So even less dilution and making the price of the second share at .60 cents consuming 2 warrants. "Each unit is comprised of one common share and one half warrant with each full warrant being exercisable at .30 per share for 12 months from closing" ================ I'm afraid you a reading this wrong. What they did is sort ...more  
Comment by juststocks500 on Feb 17, 2012 10:28am
You are absolutely correct.  And I won't even get into how the heck I missed that.  I'm only fighting a simple common cold. Thanks.
Comment by BlindBat_1 on Feb 17, 2012 10:56am
You are absolutely correct.  And I won't even get into how the heck I missed that.  I'm only fighting a simple common cold. Thanks.   ================== Happens to everyone....I tend to blame the lack of caffeine myself..!   LOL!      
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