Team Yellow has been busy
Share Capital Activity - May 11 - Oct 11, 2018
Jun 1 Shares Issued.............................180,027
Jun 22 Shares Issued........................1,311,693
Jun 22 Warrants Issued........................655,847
Jul 5 Options Issued......................... 1,400,000
Jul 26 Option Expiry Extended.............845,000
Aug 14 Options Issued......................1,300,000
Oct 3 Shares Issued..........................2,222,223
Oct 3 Warrants Issued........................1,111,111
Summary of Share capital Activity in Team Yellow's first 5 months:
3,713,942 Shares Issued
1,766,958 Warrants Issued
3,545,000 Options Issued or Extended
Issuing Shares and Warrants is a necessary evil if a company is going to survive and progress.
Options are a discretionary "treat" that the BOD gives to themselves and their buddies.
Apparently AE's much admired and lauded strategy of minimizing dilution is a thing of the past.
Look for MUCH MORE DILUTION if Team Yellow goes ahead with Bulk Sample Drilling and a new PEA.
A Gong Show Run By Clowns!! |
