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Gold/Mining/Energy : Microforum (MCF:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Dhaliwal who wrote (2320)5/27/1999 8:17:00 AM
From: reg  Read Replies (1) | Respond to of 3896
 
The placement gave them 1 share at 6.50 and 1/2 warrant which gives them the right to buy 1 share at 10 dollars in exchange for 1 warrant. When the stock price exceeds 10 dollars the warrants will be exercised. If not they won't.