ORP 6.56% 6.5¢ orpheus uranium limited

Ann: Share Purchase Plan, page-13

  1. 1,937 Posts.
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    There is nothing sinister about a SPP. It is often done by companies in conjunction with a placement to allow existing shareholders an opportunity to participate in a capital raising.

    My gripe with this one is that the subscription price under the SPP is higher than the placement price and we do not get any free options.
 
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