Post by
andre171 on Dec 22, 2023 7:46am
Cash situation very alarming.
The December corporate presentation shows that only CAD 0.5 million of liquidity remained on November 30, and probably almost nothing now. The cash situation is therefore very alarming. At the current depressed share price of CAD 0.05, the inevitable capital increase will be highly dilutive and is likely to multiply the already high number of shares (174M).