I find this excerpt from today's PR VERY interesting and shows no new o/s to date (like some on this board said was happening) and what the raise in authorized is for. No dilutive. It makes sense to have a bit more latitude and I noticed they suggested the new capital "allow for and facilitate future joint ventures, asset sales" which appears to be happening at the Cinco Minas location per a recent PR.
Secondly, the Company has now increased its authorized capital to 1.5 billion shares, while the total shares issued and outstanding remains the same. Based on many recent discussions, advisements and opportunities, management believed it was imperative for the Company to have additional capital issuance capacity to allow for and facilitate future joint ventures, asset sales and/or acquisitions in order to maximize the Company's strategic positioning.
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