Mexus Gold US (MXSG)

[Amadeus4153]

Not happy about the move to increase the authorized share count. But do keep in mind that this is not actual dilution. This represents the possibility of greater future dilution.

It does seem odd that with the expectation of the Ures property about to get into production. Raising the authorized shows that the company at least sees the possibility of going beyond the current 850m authorized. No more dilution should be necessary, if the company is about to start production. After all, they just did a private raise of capital from a group of shareholders.