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I say things on Twitter

10/20/17

Lots of comments received on the Excellon (EXN.to) bought deal...

...announced last night 5m units (share+ 1/2 warrant at $2.80 strike) to raise $10m, then upped this morning to 6.25m units to raise $13.25m (and with the overallotment bound to fill, that's really 7.619m units to raise $15.13m). We'll take a good look at the deal this weekend in IKN440 subbers, including your mailed-in views, EXN's opinions and reasons for the deal, y por supuesto mis dos centavitos tambien. Pros, cons and balanced out conclusion.