Cost is:
Cash - zero
Shares - well, that depends on the price of MGY at the time. But since it's a 1:1 dilution you can look at it as...zero. Or control of MGY via backdoor listing. Or $8.58M. Depends on how you want to slice this lemon.
MGY Price at posting:
5.9¢ Sentiment: None Disclosure: Not Held