GNM 0.00% 1.1¢ great northern minerals limited

Ann: Appendix 3B Placement, page-7

  1. cfp
    3,198 Posts.
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    Due to the share price triggering termination events under the lead manager mandate the placement has been repriced to $0.005. The placement has raised $750,000 before costs, has this ensured that Gerry will not be unseated, yep 150 million shares, now who could have bought them, I cant see why it would be about the raising of capital but more so to do with having another 150 million votes, I cant see this ending well if the 249D is served today as Process1 has indicated, GLTAH
 
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