Bit disappointed with the placement price of 0.4 cents per share (I was wishfully hoping for one of those raises at a premium) but at least the company now has enough cash to power through the coming stages. Plus this may be the start of increasing sophisticated/institutional interest in this stock.
Let's see how we go leading up to & after some decent drills.
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- Ann: Niuminco completes $600,000 Placement
Ann: Niuminco completes $600,000 Placement, page-2
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