EUR european lithium limited

General Discussion, page-2106

  1. 623 Posts.
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    Critical Metals Corp (CRML) has secured a $22.5 million private placement equity financing through a PIPE transaction. The company will issue approximately 4.5 million ordinary shares at $5.00 per share, along with warrants to purchase an equal number of shares at $7.00, expiring in 4 years.

    So another 4.5 million shares at $7?

    https://hotcopper.com.au/data/attachments/6791/6791680-45f968fcebcb669bc241de3fc34261e9.jpg
    https://hotcopper.com.au/data/attachments/6791/6791683-43cd38caf53a93aa76626d12ced72af0.jpg
    I believe in Greenland, mining rights can be revoked if measurable progress isn't accomplished. This could be to keep progress moving?
    It could also be a move to hold around the $6 PS for executing EUR share sales. Appears to be a deal for 9 million shares at average of $6 PS.
    It's a confusing move, I believe so too. But, could be exactly what EUR holders want.
    This kind of progress could pay off in spades for CRML holders too.
 
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7.5¢
Change
-0.003(3.85%)
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Price($) Vol. No.
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