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$5.28 galaxy resources limited

Ann: LPD: Lepidico strategic alliance with Galaxy Resources, page-86

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romywants

83 Posts.

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11/10/17

11:32

Post #: 27819024
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Originally posted by Oddmansam ↑

In addition to the investment by Galaxy, Lepidico is pleased to announce that it is offering shareholders the opportunity to invest on the same financial terms as Galaxy. The Company is announcing an Entitlement Offer of fully paid ordinary shares in the capital of the Company (“New Shares”) on the basis of one (1) New Share for every six (6) existing shares held at the record date of 16 October 2017 (“Record Date”).

??????????? It seems to suggest shareholders are getting offered a chance to invest. No need to get mad mate, it was a simple question

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Thanks Oddmansam, I stand corrected, Galaxy shareholders aren't part of Entitlement offer, it's offered by Lepidico to Lepidico shareholders.

GXY Price at posting: $3.07 Sentiment: Buy Disclosure: Held
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