There is obviously a lot of confidence from these three parties that the company is worth a lot more than 10c per share.
Great news for the company as they have certain cash flow to fund the aggressive drilling plan. Hopefully will also allow them to expand their acreage!
I'm expecting the next couple of months to deliver the long awaited good news TEX holders have been waiting for with corresponding share price moves :)
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- $5mil 10c options fully underwritten
There is obviously a lot of confidence from these three parties...
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