No comment?
It is not unknown for companies whose shares that are about to be issued in Canada to receive a certain amount of downward pressure. However the company has just indicated it is looking at a resource upgrade, and will be shortly going ex distribution rights of its subsidiary (though I can't see the latter having a great deal of effect).
This is a great move - for the medium to long term definitely. Maybe some short term pressure?
Ann: Private Placement of Shares , page-2
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