I am trying to find the example I am thinking of where both issue/purchase price and face value were both over $1.... I cant find it, so I may have imagined it haha. I think you could be right but this detail will be in the prospectus.
If those are the terms I would want to leave them out the announcement too.
VEC Price at posting:
1.8¢ Sentiment: None Disclosure: Not Held