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Re: Pro-Life post# 175

Friday, 12/18/2015 9:43:42 PM

Friday, December 18, 2015 9:43:42 PM

Post# of 361
Also: It showed its strength again in mid-November by raising $3.38 million in a non-brokered
private placement that saw just over 4.5M units priced at C$0.75 each with a half warrant
good for two years. Chairman Duane Poliquin participated, as did several strategic investors
I’m familiar with.

Not many junior mining companies can raise that kind of cash in this terrible (let’s be
honest) resource climate. And Almaden did it with no discount to market and only a half
warrant.