Re: UC Resources Ltd. Plans $1.5 Million Private Placement
in response to
by
posted on
Nov 26, 2010 04:35PM
"a) if this PP is in addition to the PP's announced 11/15 and 11/24?
b) if this is in addition, do your calculations = 16 % dilution in two weeks?"
Yes for (a), as per the NR, this is a new Placement.
Yes for (B) also. This non-brokered PP allows precisely the actual shareholders to suscribe to avoid further dilution. Jim may have anticipated this concern. The opportunity is however open only to 'accreditated investors' (ie, 200K+ annual income, 5MM net assets, etc...).
He who believes in UC is now opened the doorway for the next show: The 2011 Spring RoF assay results, and to the preshow activity called "the Mexican Glows"! Seats available just under Joe Dwek's Private Lounge! Thanks Jim!
GLTA.
BaBe.