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Microcap & Penny Stocks : Stateside's Canadian Microcap Board

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To: Dave@SI who wrote (1544)	4/1/2016 8:05:12 AM
From: ogi	Read Replies (1) of 1728

Well it certainly seems a bit confusing , I see clearly what you are referring to on page 20, but then there is this on page? under details of the RTO: "As a condition of closing of the RTO, a private placement (the “Financing”) was conducted and 12,357,097 subscription units (“Units”) were issued at $0.18 for gross proceeds of $2,224,277. Each Unit consists of one common share and one common share purchase warrant of BriaCell. Each warrant is exercisable into one common share of BriaCell at a price of $0.25 for a period of 12 months after closing of the RTO and a price of $0.35 for the subsequent 24 months after closing of the RTO, subject to accelerated exercise in certain circumstances (See section 9 of this MD&A) described below. The Company retained Sunel Securities Inc. and M Partners Inc. as Agents for the Financing." I have not noticed a change in count either , so guess we just keep our eyes and ears peeled. It would be constructive if some warrants/ options have been exercised. Price holding Ok here. Assuming a PP at .25 I would think that would be supportive and not cause a big spike down in reaction.

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