Post by
Yolostar on Feb 08, 2022 7:12am
Financing with Canaccord
https://www.newswire.ca/news-releases/reconafrica-announces-c-38-1-million-bought-deal-offering-840825496.html
Comment by
Ebenizer3 on Feb 08, 2022 8:56am
exercisable by October 31, 2022 @ $9cad. kinda bullish, plus with over subscribe more than likely $43cad mil in reco pocket. again kinda out of left field. Good day
Comment by
Luckboxx on Feb 08, 2022 9:30am
Craig did not let on to this in his recent Smith Weekly interview. Might be a reaction to a sudden opportunity? Another farm in into adjacent blocks to the south and west? Lots to speculate with here. Deal terms are very good for RECO though as you mentioned.
Comment by
DreaminJim on Feb 08, 2022 10:00am
ooooh I like the Mexico angle. That would be HUGE if they received the go-ahead there.