CICB (Canadian Imperial Bank of Commerce) and Cormark Securities are Canadian based financial institutions.
Looks like the “risk baton” has been passed entirely to the Canadians. More fool the Canadians in my opinion. I’d say this raising will only cover very short term liabilities if it is fully subscribed. Sprott domino has fallen, next test will be if the Golden Harp deal holds together until completion.
June quarter will be vital or else the misery will just continue for shareholders IMO. Esh
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