|Bid||0.0400 x 0|
|Ask||0.0500 x 0|
|Day's Range||0.0450 - 0.0450|
|52 Week Range||0.0450 - 0.1300|
|Beta (3Y Monthly)||0.25|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The terms of the Offering have been revised such that the private placement will now be comprised of: (i) up to 9,090,909 common shares of the Company issued on a “flow-through basis” (each, a “Flow-Through Share”) at a price of $0.055 per Flow-Through Share, and (ii) up to 10,000,000 non-flow-through common shares of the Company (each, a “Share”) at a price of $0.050 per Share for aggregate gross proceeds to the Company of up to $1,000,000 (collectively, the “Revised Offering”). The Company intends to use the net proceeds of the Revised Offering to fund exploration expenditures on its East Sullivan property and for general corporate purposes. Finder’s fees may be paid to eligible finders in accordance with the policies of the TSX consisting of a cash commission equal to up to 7% of the gross proceeds raised under the Revised Offering and finder warrants (“Finder Warrants”) in an amount equal to up to 7% of the number of Flow-Through Shares and Shares sold pursuant to the Revised Offering.
Sulliden Mining Capital Inc. (SMC.TO) (“Sulliden” or the “Company”) announces a non-brokered private placement financing of up to 10,000,000 common shares of the Company (the “Common Shares”) at a price of $0.07 per Common Share for proceeds to the Company of $700,000 (the “Offering”). All Common Shares issued in connection with the Offering will be subject to a statutory hold period of four-months and one day. Completion of the Offering is subject to a number of conditions, including the approval of the Toronto Stock Exchange (the “TSX”).
Sulliden Mining Capital Inc. (TSE:SMC) shareholders should be happy to see the share price up 29% in the last month...
Sulliden Mining Capital Inc. (“Sulliden” or the “Company”) (SMC.TO) reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the Management Information Circular dated December 24, 2018 for the 2019 Annual and General Meeting of Shareholders of the Company (the “Meeting”) were elected as directors of the Company. Shareholders at the annual meeting also approved the appointment of the Company's auditors. This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation.
If you own shares in Sulliden Mining Capital Inc. (TSE:SMC) then it's worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a Read More...