Tuesday, March 28, 2023 10:14:22 AM
.05 CAD is .037 USD
Right gives you share @ .25 $AGN or if could be bought in the USA for .18 $AGNPF
Making then after buying the right and the Unit which is 1 share and 1 right to the Warrant for .52 $AGN — converted is .217 $AGNPF but you have to buy on the CSE exchange for a total of .30 $AGN
P.S. — None have sold and there is no Ask yet —> Only someone wanting to Buy you USA Right that could have been GAVE to YOU if not in the USA (I think at least it should be null and void the Number of Shares held in the USA exchange)
GAVE to Holders in CSE Exchange, and USA holders of $AGNPF will be sold by Broker
So Rights are Free to CSE and not making a dime for Company and that’s why this deal is to raise Money as they have none to even pay last Quarter let alone and move forward
Another look is 4/1 forward split for any holder holding a share and then the CSE holders get another 4/1 kinda by GIVING you rights 1/1 to sell or buy the Unit for .18 $AGNPF price
https://thecse.com/en/listings/life-sciences/algernon-pharmaceuticals-inc-27april2023-rights
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