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Bullboard - Stock Discussion Forum Oceanic Wind Energy Inc V.NKW.H

Alternate Symbol(s):  NKWFF

Oceanic Wind Energy Inc. is a Canada-based renewable energy company with a focus on an offshore wind energy project. The Company's primary business is the development of renewable energy projects. It has been developing an offshore wind project on the north coast of British Columbia in Hecate Strait.

TSXV:NKW.H - Post Discussion

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Post by BayWall on Jan 25, 2022 8:00pm

Curious

Out of curiosity while I was surfing the net.

The idea of flow-through stock donation (FTSD) often at a premium to market value of a stock.

Not only for mining companies, but renewable energy developers in Canada.

The issuing companies don't have to pay commission nor finders fees.
 
A properly structured FTSD gifting arrangement can not only benefit Canada’s economy and Northern and Aboriginal communities by increasing investments in mining, oil and gas, renewable energy and energy conservation industries, but can also benefit the charitable sector and help Canadian philanthropists multiply the impact of their donations, by giving more, while maintaining or reducing their after-tax cost of giving.
Comment by BayWall on Jan 25, 2022 10:01pm
When I read about it, for charities I was wondering. Charity flow through shares can usually be issued with as much as 70% premium to market price of stock. While traditional flow-throughs only 10-20% premium. So less dilution. Canadians give over $10 billion to charities. Why not help both the charities and exploration companies, renewable energy developers, etc.  And get charity tax ...more  
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