CPM 5.06% 7.5¢ cooper metals limited

Ann: Trading Halt, page-2

  1. 194 Posts.
    lightbulb Created with Sketch. 103
    I think the maximum that they can raise is 15% based off the companies 15% placement capacity rule 7.1 .

    which would mean roughly 6,900,000 new shares.
    last cap raise was done at a 7.9% discount to 15 day VWAP.

    So if we worked off 12.5c at 6,900,000 shares that would raise $862,500.

    plus current 1.5mil

    new possible cash in hand $2,362,500

    This is all a random guess as to trying to figure out possible dilution and possible cash on hand after raise. Not financial advice

    AIMO

 
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