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Lady-baron

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Lady-baron

Re: JJSeabrook post# 321226

Thursday, 08/14/2014 11:53:20 AM

Thursday, August 14, 2014 11:53:20 AM

Post# of 671915
DEJ a reply from management posted on MB
The funds will be used for the 2014 Woodrush development program and we anticipate a significant ramp of production as per our corporate presentation. We utilized institutional investors in order to move forward without encumbering additional debt. The discount for the transaction was calculated based on vwap (volume weighted average price) over a period of time
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