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Choi

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Choi

Re: sanilex post# 10606

Friday, 08/26/2022 9:57:55 PM

Friday, August 26, 2022 9:57:55 PM

Post# of 17507
That's incorrect. The filings clearly show
they have already received funds for the Reg A. offer.

Also your Math is off.

The book value presently is the equity divided by the current o/s which is .66 a share. Net equity value is .59 a share.

If you factor in the recent debt conversion, then the book value would be worth a little more than what I have just shown.

Plus with the recent acquisition and further drilling confirming more reserves at Moosehorn, the book value will increase even more.
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