NIU 0.00% 2.0¢ niuminco group limited

Ann: Niuminco completes $600,000 Placement, page-3

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  1. 3,912 Posts.
    lightbulb Created with Sketch. 193
    Nice quick injection to keep the ball rolling.
    Shares to be released around the quarterly. Watch the pump.

    Not happy with more dilution, however in the current environment.
    1/ Someone wanted to make the money available, and saw the potential value.
    2/The company moves toward good results, and keeps the doors open.


    The raise/issue in not underwritten, so patto's??, will get a fee for this one.
    So 150,000,00 X $0.04 = $36000 X 1.1 = $39,600 costs for the raise
    Last edited by goldscraper: 12/01/17
 
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Currently unlisted public company.

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