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r4pt0r

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r4pt0r

Re: grantastic post# 16157

Thursday, 06/23/2016 3:05:03 AM

Thursday, June 23, 2016 3:05:03 AM

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Paid a premium in exchange for half ownership of the company, some of that overpay went to debt reduction, some went to stock buyback, and some other stuff. I think that covers most of it.

Read the details of their joint venture: http://www.cardinalres.com/media-center/press-releases/detail/85/cardinal-resources-inks-7-5-million-equity-financing-with
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