Good luck on your retirement Neil.
Hopefully, your replacement will be a shaker and mover who can make shareholders money and attract major investors.
Wonder if Rob McEwen. would be interested in your job.
It wouldn't be the first time I've been wrong in my suppositions nor will it be the last.
But, I suppose you already knew that.
Somehow I get the feeling you no longer have as many shares today as you did on Jan 17.
Do you trade through CIBC World Markets?
Between last Friday and today, nearly 2M combined shares have been dumped between the TSX & OTCB.
I wonder if our largest shareholder simply grew weary of holding the bag.
Too funny - "the wallet will crush you."
I humbly submit that Claude has crushed more wallets in the past 3 yrs than you can shake a stick at. And, you don't need to be surrounded by smart people to see that.
I didn't see the caveat - NOT FOR DISTRIBUTION OR TRANSMISSION BY ANY MEANS INTO THE UNITED STATES.
Hopefully, I didn't break any laws.
If I did, I apologize.
I simply reacted to excitement and over exuberance of this good news for Claude Resources and its shareholders.
Vancouver, British Columbia – January 24, 2014
NOT FOR DISTRIBUTION OR TRANSMISSION BY ANY MEANS INTO THE UNITED STATES
Laurentian Goldfields Ltd. ("Laurentian" or the "Company") (TSX-V: LGF) is pleased to announce a private
placement of 40,000,000 units at a price of C$0.25 per unit (a “Unit”) for aggregate gross proceeds of C$10
million (the “Offering”). Each Unit shall be comprised of one common share of Laurentian and one-half of one
common share purchase warrant. Each whole warrant shall entitle its holder to subscribe for one common share
during a period of 30 months following the date of its issuance, at a price of C$0.50. The net proceeds of the
Offering shall be used to complete the acquisition of the Madsen Gold Project (the “Madsen Acquisition”), for
working capital and general corporate purposes.
The Offering will be conducted on a best efforts private placement basis, by a syndicate of agents led by
Macquarie Capital Markets Canada Ltd. (“Macquarie”) and including Canaccord Genuity Corp. and Axemen
Resource Capital Ltd. (the “Agents”). The Agents will have the option to sell up to an additional 10,000,000 units
for additional gross proceeds of up to C$2.5 million, exercisable in whole or in part at any time up to 48 hours
before the closing date of the Offering (the "Option"). In connection with the Offering, the Company will pay the
Agents a cash commission equal to 6.0% of the gross proceeds of the Offering (inclusive of the Option) and grant
the Agents broker warrants totalling 6.0% of the number of units sold pursuant to the Offering (inclusive of the
The Offering is expected to close on or about February 18, 2014, and is subject to certain conditions including, but
not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and
completion of the Madsen Acquisition. All securities of the Company issued in connection with the Offering will be
subject to a hold period
You call .001 Par value.
“Par value” is also referred to as face value, par or nominal value of common stock. Par value refers to the value written on the face of the common stock certificate or in the corporation’s organization or operating documents. In the formation of a corporation and registration with the secretary of state, many states mandate that the founders issue stock with a specified par value.
Basically, a sheet of toilet paper has the same worth of a par value stock certificate.
For both can be used to wipe your you no what.
I believe you must be Poncho and not the Cisco Kid.
For you appear to be the clown sidekick to longtimefollower.
Don't forget to kiss his wallet.
When Freddy is Freeloading, a couple of added months to a hobo is the difference between living at the Ritz or living in a boxcar. I think Freddy's dream is soon to be going up in smoke.
I agree that a reverse split would not help company sales at all.
It would however allow the company to use the open market to raise revenue by selling additional shares. How do you think Freddy the Freeloader got his name?
Looks like all that's left are biodegradable bag holders.
Too bad, I was hoping to see a turn around in this company.
To be or not to be?
Not to be without a reverse split.
Does a company make a sound in the woods when it's going under?