I am guessing it would take canmex a while to do an audit, count the cash, write it up etc so maybe announcement about $20 million raised in about 3 weeks? (1 + 2 weeks ;p).
I think this announcement will add a lot of credibility to the whole deal (money talks, so far we have seen contracts but not much cash to back them up). May add credibility, but will it effect the share price??? my guess: probably not. Hope i'm wrong, bring on AIM.
RRS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held