Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (1903)	8/7/2013 11:01:35 AM
From: Goose94	Respond to of 203001

AEI-T halted Takeout?

To: Goose94 who wrote (1903)	8/7/2013 12:12:28 PM
From: Goose94	Respond to of 203001

AEI-T Consolidation At the last annual general meeting, shareholders authorized the BOD to consolidate the common shares of the Company. The BOD approved a 10 for one consolidation effective August 6th, 2013. After the consolidation the Corporation will have approximately 16,069,582 issued and outstanding common shares.

To: Goose94 who wrote (1903)	6/11/2014 10:08:47 AM
From: Goose94	Read Replies (1) \| Respond to of 203001

Arsenal Energy (AEI-T) June 11, '14 has upsized the previously announced bought-deal financing with Acumen Capital Finance Partners Ltd. as lead underwriter on behalf of a syndicate of underwriters including National Bank Financial Inc., Industrial Alliances Securities Inc. and PI Financial Corp. Under the terms of the agreement, Arsenal will now issue 695,200 common shares to be issued on a flow-through (FT) basis, pursuant to the Income Tax Act (Canada) in respect of Canadian exploration expenses (CEE) at a price of $9.35 per CEE FT share for gross proceeds of $6,500,120. The underwriters have been granted an option by the corporation to acquire up to an additional 104,200 CEE FT shares at the offering price. The overallotment option is exercisable in whole or in part for a period of 30 days from closing of the offering. The financing is expected to close on or about July 3, 2014, and is subject to approval of the Toronto Stock Exchange, receipt of all necessary regulatory approvals and other customary conditions. The gross proceeds from the sale of the CEE FT shares will be used to incur Canadian exploration expenses for the purposes of the Income Tax Act, and such CEE will be renounced to subscribers for the 2014 tax year.