It will be used at the current SP. Look at what Ya Global did on ADY.
Same thing.
Equity facility. Line of credit. Whatever you want to call it.
SP is trading at 2c. Take stock ($1mn at a time or something) at 1.7c. Sell at 1.9-2c straight away.
Its risk free stag. Ya Global make millions a year doing it.
I think CXY had better contacts then this.
Like the story. Dont like Ya Global
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