CMKM Diamonds Inc. (fka CMKX)

[matrix]

Well, first Langley Park has to get listed. If they don't, the deal will probably get cancelled. In this case, they'll be out at least the finders fee. In Galaxy's deal, the finder gets 15% of Langley's shares plus 15% of Galaxy's shares earmarked for the deal. If it does go thru, it'll depend on the agreement's terms as to how long the financer has to hold and whether it has an anti-shorting clause or not.

I'm not familiar with the UK's markets. I haven't found yet if they have online filings like Canada and the US does. Checking those might give a clue on what shape this financer is in to be able to take on 23 smallcaps.

If you go back thru UCAD's 8Ks and PRs, you'll see they issued a bunch of shares in other deals. The one year holding period for those will be up before the 7.5M ones. IMO those will contribute to a price decline.