Friday, June 13, 2014 12:36:18 PM
Sometimes an RS is neccessary. On the TSX-V the minimum private placement is .05/share so its hard to raise capital this way when the share price is below that threshold.
Nothing is imminent. I think they are just covering all their bases and weighing all options.
We should hear something soon hopefully as to what the plan is.
From what I understand management has been busy and has been working on reduced salaries for some time now.
GLTA & JMO
FEATURED Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • May 8, 2024 9:05 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • BLOZF • May 7, 2024 8:51 AM