Seeing the interest from Agnico-Eagle is a major step for KTN, however I regret that it took place at shortly after the 52-week low, at price reflecting avg of that low (no premium for the warrants?). I also would have preferred some structuring with Promontorio structured as a private subsidiary and the investment being in that. Instead approx 11% increase in issued shares and 53% increase in warrants (which at least were priced more toward the recent share prices and above the 200 day avg and for only 2 years) for the whole company. Contrary to some views KTN does have more going on than Promontorio after all.
All in all it is great to see a strong hand buying in.
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