GNM 0.00% 1.1¢ great northern minerals limited

Ann: Request for Trading Halt, page-24

  1. 6,829 Posts.
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    Won't have to do another raise, the 15% & 10% placement capacity gets reset July 1st
    15% of 1.45B shares = 217.5M
    10% of 1.45B shares = 145M
    Equals 362.5M shares that can/could be used as funding for an acquisition

    I agree with the bundled announcement - lets get the nice new juicy toy out in the market before we tell the shareholders ohhhh, and look at this a 249D ......

    Strategic review must mean how do we keep our lifestyle alive - yes the shareholders need something new
 
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