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Monday, September 19, 2022 3:00:54 PM
Is this change safe ?
On this post on stockhouse:
https://stockhouse.com/companies/bullboard?symbol=v.brz&postid=34961090
....that LPI's recent private placement increased the number of LPI shares by 44,000,000 shares, or around 12%.
LPI's 57.7% stake in the - in some weeks - new LPI company will be retained.
In my opinion, the number of (new) LPI shares to be issued to BRZ shareholders should also be 12% higher to represent BRZ's 15.6 share in the new LPI company.
The old relationship :
for 1 BRZ shares there are 0.7 LPI shares
would therefore have to be adjusted by 12%: for 1 BRZ share there would then be 0.784 LPI shares.
this answer:
https://stockhouse.com/companies/bullboard?symbol=v.brz&postid=34963249
RE:RE: A significant ( positive ) change for all BRZ shareholders.
Hi EMTguy,
I already emailed BRZ and got a reply quickly. The answer is NO. I posted it on CEO.CA since I don't visit SH so often.
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