Probably kept down by this bluebird mob in the last few months.
From Ann:
- Bluebird to subscribe for A$250,000 of Southern Gold shares at $0.386 per share for each project, or a total of A$500,000. The placement was priced at a 35% premium to the 20 day VWAP on execution. This share subscription, if completed with respect to both projects, will require the issuance of 1,295,336 shares representing 2.7% of Southern Gold on an undiluted basis post placement.
Ann: Farm In & JV at ***ong and Taechang Projects, South Korea, page-5
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Mkt cap ! $5.443M | |||
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