Yeh 8 cents.
I've been offered an allocation.
Perhaps $1.6m is on the lean side but if there is interest they may have an option to increase or issue more.
Auteco also just did a raise 13.5 cents but finished ahead.
Suppose Gold all the rave atm.
Registry pretty tight. If they raise only $1.6 m they will need to raise more but if their drilling goes well then perhaps they will raise more $$$ at higher levels!
glah
Ann: Trading Halt, page-56
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