RWD reward minerals ltd

why announce the stock placement...., page-8

  1. 3,309 Posts.
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    YC,
    Today's announcement of conversion of options is part of the directors perserving current equity as long as possible before having to dilute with a new issue. That $70,000 from conversion of options will be used along with other funds to put a road into Lake Disappointment.
    Regards
    Buffett
 
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