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Re: lithiumjr post# 3476

Thursday, 03/02/2017 12:11:12 AM

Thursday, March 02, 2017 12:11:12 AM

Post# of 35276
From the video: "...full digital trading operational in 2 weeks on OTCQB."

From the press release: "...has entered into a amended letter of engagement with Eight Capital and Canaccord Genuity Corp. as co-lead underwriters and joint bookrunners, and including Beacon Securities Limited (together, the "Underwriters"), under which the Underwriters have now agreed to purchase 30,000,000 units of the Company (the “Units”), on a "bought deal” private placement basis, subject to all required regulatory approvals, at a price per Unit of $0.25 (the “Offering Price”), for total gross proceeds of $7,500,000..."

What is a joint bookrunner?
In investment banking, a bookrunner is usually the main underwriter or lead-manager/arranger/coordinator in equity, debt, or hybrid securities issuances. The bookrunner usually syndicates with other investment banks in order to lower its risk.

What does all this mean??? Setting up for fast automated (digital) trading at OTC. Look for new makers at OTC to handle these shares.


dis sucka gonna run

$$$~NXTTF~$$$
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