Terms and Conditions of Funders, page-6

the simplest and obvious conclusion here is the share price is being set to a desired level for the equity or convertible tranche of a larger funding deal.

my question to you Birchcorp is what you going to say when the board says "take it or leave it shareholders (funding terms). risk another decade of waiting. there are no alternatives". respectfully, the power you think a group of minority shareholders has in an illusion.