Ok if they think that they would list at C$0.2 per share then there are around 100 million shares on issue based on what MXC paid for their 12.50% from derma sale. Assuming this is correct then they will hold around 12.5 million shares. Pretty good leverage if they list at a premium when they list!
Ok if they think that they would list at C$0.2 per share then...
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