Vulcan Minerals Inc V.VUL

From The June '21 PP

[Copperking102]

Those warrants that were priced @$.30 with a 30-month lifespan are already looking good, with a long way to go. The irony here is that Sprott, a major holder is in VUL, mostly because of the gold properties, benefits by the salt and dome presence. I guess there's some truth that money goes to money...

Eric Sprott, through 2176423 Ontario Ltd., a corporation that is beneficially owned by him, acquired 10,000,000 units under the Offering for approximate consideration of $2,000,000. Subsequent to the closing of the Offering, Mr. Sprott beneficially owns or controls 10,000,000 common shares of the Company and 10,000,000 warrants, representing approximately 9.5% of the issued and outstanding common shares of the Company on a non-diluted basis and approximately 17.3% of the issued and outstanding common shares of the Company on a partially diluted basis assuming exercise of the warrants acquired hereunder and forming part of the units. Prior to the Offering, Mr. Sprott did not beneficially own or control any securities of the Company.

[Jethro980]

Only part of this I don't like is Sprott being involved. 

[lifegoeson]

Jethro and CopperKing, it really doesn't matter to me where the money comes from, VUL is well capiialized, and has shareholders who can step up and put more money in if everything is a success. As of September 30th, 2021 they had over $13 M in CASH, it is time for them to get the resource side of this show on the road, surely there must be something there. They have listed in Frankfurt, they