- Last Updated:
- May 21st, 2022 10:13 pm
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- SCORE+168
- Sunway
- Sr. Member
- Sep 18, 2019
- 860 posts
- 752 upvotes
- JaayR54639
- Newbie
- Jul 31, 2018
- 78 posts
- 40 upvotes
Struck gold with SLRX, CTRM and ZOM!
- theXshape
- Sr. Member
-
- Nov 13, 2014
- 815 posts
- 910 upvotes
- Westmount, QC
FIRE has been doing pretty good in the last 2 days. Wish I had bought a lot more shares at .30$
- neltron3030
- Deal Addict
- Oct 3, 2007
- 3179 posts
- 521 upvotes
Lol. I only bought a couple hundred worth at $0.30 but it was just in my casino play account. Doh.
Anyway following POAI today? It's another one of @CDNGreenTrader's picks.
Portraits and Cityscapes
- bk
- Deal Addict
-
- Apr 20, 2003
- 1328 posts
- 1248 upvotes
- Markham
"Under the terms of the Agreement, American Lithium has agreed to acquire all of the issued and outstanding common shares of Plateau (the “Transaction”) on the basis of 0.29 units (each whole unit, an “Exchange Unit”) of American Lithium for each share of Plateau held, by way of a plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”)."Haris wrote: ↑ trying to understand what this means:
Each Exchange Unit will consist of one (1) common share of American Lithium plus one-half (0.5) of a common share purchase warrant of American Lithium (each whole such warrant, an “Exchange Warrant”). Each Exchange Warrant will entitle the holder to acquire one (1) additional common share of American Lithium at an exercise price of $3.00 for a period of thirty-six (36) months from completion of the Transaction. American Lithium will use commercially reasonable efforts to list the Exchange Warrants on the TSX Venture Exchange as soon as practicable following closing of the Transaction.
Edit: So it should be if you have 100 shares of PLU.V, you'll get 29 shares of LI.V + 29 HALF warrants @ $3 (and you can only redeem full warrants, so it'd only be worth 14 in this case)
Last edited by bk on Feb 10th, 2021 10:14 am, edited 3 times in total.
- Haris
- Deal Addict
- May 12, 2004
- 2916 posts
- 396 upvotes
- Mississauga
which i assume is beneficial if we expect li.v to be worth more than $3 at the time correct?bk wrote: ↑ "Under the terms of the Agreement, American Lithium has agreed to acquire all of the issued and outstanding common shares of Plateau (the “Transaction”) on the basis of 0.29 units (each whole unit, an “Exchange Unit”) of American Lithium for each share of Plateau held, by way of a plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”)."
So it should be if you have 100 shares of PLU.V, you'll get 29 shares of LI.V + 29 warrants @ $3.
- theXshape
- Sr. Member
-
- Nov 13, 2014
- 815 posts
- 910 upvotes
- Westmount, QC
neltron3030 wrote: ↑ Lol. I only bought a couple hundred worth at $0.30 but it was just in my casino play account. Doh.
Anyway following POAI today? It's another one of @CDNGreenTrader's picks.
I was planning on buying a lot more but only bought 74 shares on Monday with the leftover money I had on my account because my funds hadn't cleared yet at the time and I just wanted to see how it would go. It jumped from 0.30 from when I bought them on Monday to .55 now...
- Haris
- Deal Addict
- May 12, 2004
- 2916 posts
- 396 upvotes
- Mississauga
Short lived drop. li.v is booming now
- trixR4kids
- Deal Fanatic
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- Jul 15, 2005
- 7888 posts
- 1662 upvotes
- Toronto
whelp, so much for putting an order in for LI.V it's gone way past my limit.
- boston
- Sr. Member
- Feb 1, 2006
- 527 posts
- 145 upvotes
Do we have a price target on poai?neltron3030 wrote: ↑ Lol. I only bought a couple hundred worth at $0.30 but it was just in my casino play account. Doh.
Anyway following POAI today? It's another one of @CDNGreenTrader's picks.
I own a bit of this.
Thx
- bk
- Deal Addict
-
- Apr 20, 2003
- 1328 posts
- 1248 upvotes
- Markham
Corrected my reply to half warrant, sorry about that.
But yes, if you expect LI.V to be worth more than $3, it's not bad. Even right now, PLU.V @ $0.85 converted in to LI.V would be $2.93 so it's under $3 price, not counting the 1/2 warrant.
- Sunway
- Sr. Member
- Sep 18, 2019
- 860 posts
- 752 upvotes
Bought KWE
- EducatorDave
- Jr. Member
- Feb 9, 2017
- 191 posts
- 176 upvotes
- Edmonton, AB
So mad at myself. Tried to be cheap and get LI.V at $2.96 but missed it while I could have gotten it @ $3. Now up to $3.39 already. I have a lot to learn.
- sleepyguy
- Deal Fanatic
-
- Jun 11, 2001
- 9468 posts
- 1601 upvotes
TRCH on FIRE 
Awesome! GSI doing good as well... Doc.v running today again.
Wow... insane... up like $50k in 3 days.
Awesome! GSI doing good as well... Doc.v running today again.Wow... insane... up like $50k in 3 days.
- boston
- Sr. Member
- Feb 1, 2006
- 527 posts
- 145 upvotes
- drwxr010
- Member
-
- Mar 17, 2020
- 381 posts
- 418 upvotes
added more LI on the drop, fastest recovery ever
- darkspider
- Deal Addict
-
- Sep 10, 2009
- 2074 posts
- 681 upvotes
- Toronto
- tietherope
- Deal Fanatic
- Nov 26, 2008
- 7619 posts
- 5595 upvotes
- trixR4kids
- Deal Fanatic
-
- Jul 15, 2005
- 7888 posts
- 1662 upvotes
- Toronto
On my buy list today:
CIDM - Filled
DMGI.V
WWR
NNO
CIDM - Filled
DMGI.V
WWR
NNO
- boston
- Sr. Member
- Feb 1, 2006
- 527 posts
- 145 upvotes
Bought 500 more CIDM
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