Ontario flowthrough premiums have always been lower than Quebec etc and also from what I'm hearing these flowthrough schemes are finishing soon therefore premium % also getting lower.
BTW thanks to this $7.9M flowthrough at 6.1c this total $10.2M raise average is 5.7c a share to the company not 4.5c like lot of people believe. So if you a long term holder this is a necessary CR done at a premium to a last closed price of 5.3c
Ann: CRR Raises $10.2M to Focus on Mavis Lake Resource Growth, page-6
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