Not what the financial relationship will be after DNI expands its commitment with CGM
Looks like the max they can get from the first warrants which they are pushing for by Sept 11 is C$1.7m. They have a second payment of us$550,000 due around 25 sept.
Max for 2nd and 3rd warrants around C$3.6m pushing to exercise late Oct. Third payment due us$1,000,000 for Marofody Approx oct 24.
So if all warrants excercised around C$5.3m
Payments due us$ 1,550,000 to finalize Marodfody.
CGM Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
