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Re: djmurdock post# 85

Wednesday, 09/11/2019 6:17:19 AM

Wednesday, September 11, 2019 6:17:19 AM

Post# of 137
I believe it is very under the radar also, just look at this board.

"At June 30, 2019, there has only been one tranche for an issuance of 662,252 Units for gross proceeds of $753,750."

"Second Tranche Draw from Alumina Partners (Ontario) Ltd. Capital Commitment 
On July 29, 2019, the Company issued 425,000 Units to Alumina for gross proceeds of $458,621 as part of the second tranche 
draw from Alumina Capital Commitment."


Looks like they are trying to draw as little as possible from the Alumina deal while waiting for the strategic investor or pps to rise. 

"In response to a number of inbounds from potential strategic partners expressing interest in exploring a transaction involving DionyMed, the Company retained a financial advisor to assist in managing these discussions. This review process is coming to a conclusion, and while the Company cannot at this time provide any assurance that a transaction will materialize, the Company expects to provide an update in due course;"

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