Post by
cyberman on Aug 21, 2021 12:33pm
here's a question though,
did the Canadian made flow-through share deal have to be timed to be completed before a US listing is announced ?
would it still be allowed afer US listing ?
cheers.
Comment by
cyberman on Aug 21, 2021 1:44pm
1. yes, 2. no ? with the company headquartered here in Canada do the SEC regulations supercede these activities, maybe Dan can help out here. it's a tactical move and decision for sure with US listing pending, and providing financing basically until end of 2022, by then the story is out.
Comment by
DanWarren on Aug 21, 2021 5:21pm
This post has been removed in accordance with Community Policy
Comment by
cyberman on Aug 21, 2021 5:59pm
not at all Dan, let's call it a difference of opinion, but we do agree on NFG. was hoping you may have had discussions States-side regarding flow through shares and if they could still be applicable for Cdn companies with duall listings or if they are off the table, thus the urgency in completing the one announced the other day. thanks for the reply,
Comment by
DanWarren on Aug 22, 2021 12:19am
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Comment by
rummager on Aug 22, 2021 8:35am
it seems that two conditions govern flow-throughs: buyers have to hold for two years, and, issuers have to spend the proceeds on exploration within two years.