TON 8.33% 1.1¢ triton minerals ltd

Ann: Placement to Raise up to approximately $4.1 million, page-10

  1. 224 Posts.
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    Wait up. Taurus effectively sell shares in our company at a discount of 11% - 14%. They have sured up 14,000,000 sales so far with the remaining tranche probably a SPP.

    In return Taurus are given 10,000,000 shares (8% of total raising) AND 6% of the total funds raised.

    Not sure that is a good deal for us.
 
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