GEM.V - PELE MOUNTAIN RESOURCES INC.
| Previous Close | 0.0400 |
| Open | 0.0400 |
| Bid | 0.0200 x 0 |
| Ask | 0.0200 x 0 |
| Day's Range | 0.0400 - 0.0400 |
| 52 Week Range | 0.0400 - 0.0400 |
| Volume | 41,000 |
| Avg. Volume | N/A |
| Market Cap | N/A |
| Beta (3Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- CNW Group•last month
Pele Mountain Resources Announces Closing of $5.9 Million Subscription Receipt Financing by Bhang Canada Inc.
TORONTO , Feb. 12, 2019 /CNW/ - Pele Mountain Resources Inc. (TSXV: GEM) ("Pele" or the "Company") announces that, further to its November 9, 2018 announcement regarding the business combination pursuant to which, among other things, Pele will complete a reverse take-over of Bhang Corporation ("Bhang"), a privately-held Nevada corporation (the "RTO Transaction"), Bhang Canada Inc. ("BCI"), a special purpose vehicle, completed a private placement financing of subscription receipts (the "Subscription Receipts") for gross proceeds of $5,905,010.50 (the "Offering"). Under the Offering, BCI issued an aggregate of 11,810,021 Subscription Receipts at a price of $0.50 per Subscription Receipt for gross proceeds of $5,905,010.50 .
- Newsfile•5 months ago
Pele Mountain Resources Enters into Definitive Agreement with Bhang Corporation Relating to a Proposed Reverse Take-Over Transaction
Toronto, Ontario--(Newsfile Corp. - November 9, 2018) - Pele Mountain Resources Inc. (TSXV: GEM) ("Pele" or the "Company") has announced that, further to its previously announced non-binding letter of intent dated June 19, 2018, as amended, it has entered into a definitive agreement (the "Definitive Agreement") with Bhang Corporation ("Bhang"), a privately-held Nevada corporation, to acquire a 100% interest in Bhang via a business combination transaction (the "Transaction"). The Company also announced ...
- Simply Wall St.•last year
Should You Be Tempted To Buy Pele Mountain Resources Inc (CVE:GEM) At Its Current PE Ratio?
Pele Mountain Resources Inc (TSXV:GEM) is currently trading at a trailing P/E of 2x, which is lower than the industry average of 10.5x. While GEM might seem like an attractiveRead More...
