First Mining Gold Corp (FFMGF)

[Implanting]

I saw that too. I thought whatever Treasury shares we got were priced at the share value priced when get them. Whatever that price is. The number of their shares we get depends on how many FMG shares each shareholder owns.

The strike price on their warrants is .50 Canadian, the Canadian shares are already trading @ .55 per share, so barring the shares dropping from here the strike price has already been made.

I thought that upon the warrants being issued the Holder can convert the warrants into shares IF the strike price has been met. If the warrants are converted then you pay the value of the strike price, but receive the shares at their current value, which should be a higher price.

That was my understanding, but I've never done the warrant thing so I may be wrong.

The article says shareholders receive shares and warrants worth about .05, so that's unclear to me too.