Past year: ▲ 151%(78.0c – 2.07 CAD)
Each one in plain English, with the numbers worked through for a shareholder.
20 Oct 2011capital raising announcement● Neutral
This amendment corrects the earlier report's share figures: 787,500 units were sold to six non-US persons for $630,000 (not 890,625 for $712,500), and Harrison's 40,000,000-share surrender left 85,887,500 shares outstanding (from 125,887,500) rather than 85,754,375. The filing does not explain the differences; the stated total after the placement is unchanged at 86,675,000.
5 Oct 2011capital raising announcement▲ GoodMajor
The company reported a private placement to non-US persons of units (one share plus a three-year $1.25 warrant), with 890,625 units sold to six buyers for $712,500, to be used as working capital. It also reported that CEO Lynn Harrison surrendered 40,000,000 of her shares on August 10, 2011, cutting her holding from 62,100,000 to 22,100,000 shares and total shares outstanding from 125,754,375 to 85,754,375.
