Column 1 0 equating to an EDI distribution of 0.161 cents per share. Assuming full participation in the upcoming SPP ($2.0 million), the EDI distribution will reduce 1 to approximately 0.15 cents per share – this assumes no further shares are issued or convertible securities exercised prior to the Record Date.
it's point .161 or .15 of a cent per share.
500,000 x .0015 = 750
hope that clears it up enough for you.
Ann: Exploration Development Incentive, page-15
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