last 15 days vwap approximately 2.15c minus 20% = 1.7c rounded down
if remaining noteholders converted at the above price, that would be over 200m shares issued - there is also more debt to be repaid on top so SOI could easily double quickly from here
conversions on Sep 2nd totalled $457k leaving over $3.5m to be converted
Ann: Classic secures $10 million to take Kat Gap to production, page-116
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Mkt cap ! $3.017M | |||
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