I just called Hunter Dickinson. They have verified with me that there are no warrants, to be issued, with that offering.
Canadian symbol is GBG.TO and I see it is currently at 2.30. That is only 2.2% higher then 2.25.
Then you take into account that the shares will not go on sale till May, and it looks like the current share price has pretty well discounted the new share offer.
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