AYN 0.00% 0.1¢ alcyone resources ltd

Ann: Update on Capital Raising and Operations , page-11

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  1. 24,765 Posts.
    Appendix 3B and Sec 708 notice released today at 1.48 pm. -60.291 million shares issued at $0.048 plus 30.145 million options.

    That should put to rest the possibility that those shares would be offered at lower and lower prices due to adverse market conditions.

    Some good news for AYN!

    Now AYN can get on with the job of ramping up its silver production.

    And just for good measure, how about offering those parcels of $15,000 worth of shares to current shareholders at a nice discount to the 4.8 cents the sophisticated investors have just paid.

    That would be a nice bonus for current holders and for once they would get a better deal than the sophisticated investors/institutions!
 
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Currently unlisted public company.

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