med.v - ' March 25, 2014 Medgold Extends Warrants
Vancouver, Canada, March 25, 2014:
Medgold Resources Corp. (TSX-V: MED), the European focused gold exploration company, announces that its management has determined that it is in the best interests of the Company to extend the expiry date of certain private placement warrants previously issued by the Company. Accordingly, subject to TSX Venture Exchange acceptance, the expiry date of outstanding warrants to purchase up to 2,166,667 common shares at $0.1665 per share has been extended by one year to April 11, 2015. '
medgoldresources.com
... so what are the chances these get exercised - i think quite decent, perhaps maybe tal vez, provided the share can make it into the .20s at least temporarily first, and then hold higher .teens or better for a bit ... these wts wouldn't have been extended if they were held by just anybody, it's likely to be an ally or allies of the company ... brings cad360k into treasury on exercise, likely useful ... and look at expiry, 11apr - could it be complete coincidence that somebody waltzes in and hoovers up 300k of mostly offers exactly one month prior, 11mar? ... oh yeah could be, sure ... Centerra be drilling round then too, early april, or was it mid-april, hmm |
