Replies to post #20649 on lowtrade

[Baba Yaga]

Here is your problem as per yahoo finance, :03AM Timberline Resources to sell 5,263,158 shares of common stock of the Company at $0.95 per share (TLR) 1.16 : Co has entered into agreements to sell 5,263,158 shares of common stock of the Company at $0.95 per share, for expected gross proceeds of ~$5 million, pursuant to a registered direct offering to institutional investors in the United States. Co intends to use the net proceeds from this offering for exploration of their Lookout Mountain Project in Nevada, exploration and development of other existing or acquired mineral properties, working capital requirements, acquisitions, or for other general corporate purposes