I'm encouraged by this deal but I would wish someone proof read the announcement before sending it out.
The second dot point on the first page the share price is inflated 10x:
"Strategic Placement price represents a significant premium of 41.8% to Canyon’s 30-day volume weighted average price (“VWAP”) of $0.42 up to and including 20 December 2022"
Anyhow, I'm considering dipping my toe into Canyon now.
All the best,
Mama Huhu
Ann: $12.1m strategic placement for Minim Martap Development, page-6
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