I have bought 1m since Friday from 1.6-1.8c just to balance my...

I have bought 1m since Friday from 1.6-1.8c just to balance my portfolio as I'm heavy in options. The agm will be held on 28th Nov. GPN are re-floating YRR but this time they are going to hold 40m YRR shares & 20m options in escrow, out of a total YRR issue of 55m shares & 35m options. YRR will accept up to 2.5m more shares & options in oversubscritions. This means GPN will own 69.57% of shares & 53.33% of options if the float is fully oversubscribed. There is no in-specie distribution of YRR shares to GPN holders this time but GPN holders will be offered a priority entitlement of 20k YRR shares at 20c with a free option.
There will be no discount to the GPN option exercise price of 3c.
GPN will also receive $500k cash from YRR.
As before the sale includes both the uranium and vanadium
cheers, redfrog