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Gold/Mining/Energy : Signature Brands Ltd.: (SBX:TSE) SGNTF
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To: TERRY McCartan who wrote (504)5/12/1999 1:30:00 PM
From: PROBABILITE  Read Replies (1) of 776
 
Thank you TERRY McCartan, I think that we have another piece of the puzzle.

The answers from Jim Fisher's man are credible. The board of SBX didn't anticipate that the price of SBX would rebound over 0.50 before the news (the deal is done). They are delaying the NR, exercising warrant at 0.50 (the most possible) and raising $3.2 million cash (if 100% of warrant are exercise, see post #425). It is very very important for them (SBX has only about $2 million cash).

Let's continue, together we are rich in information.

PROBABILITE
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