It would be good for the company to encourage as much conversion as possible.
With over 200 million on issue, that is up to $600,000 in incoming funds but they need to get moving with the drilling to provide the shareprice with the best oppportunity to rise. A few noticing big pockets will go a long way in wiping the weak hands. I will be very interested in converting some myself if they can get heads above 1 cent.
Ann: Lac Rainy Graphite Project Fully Permitted for Drilling, page-27
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