KIN 3.85% 5.4¢ kin mining nl

Ann: Non-Renounceable Rights Issue Shortfall, page-2

  1. 3,163 Posts.
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    So KIN are $207000 over the minimum $500000 needed for the rights issue to proceed but $295000 short of the $1000000 Geolord required to proceed with their investment. Shouldn't be too difficult to find a home for another 2 million shares to ensure the deal goes ahead...should it?

    Cheers

    Dan
 
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