I just came across this new company. Thanks all for the useful...

I just came across this new company. Thanks all for the useful posts!

This is my understanding after reading some of the posts and announcement:

1. At day1 closing price 0.395 with 30.5 mil shares issued shares, market cap is 12mil.
2.Company's main focus is Zinc, however there is some upside potential for any exposure in the conglomerate-gold story.
3. Company will issue 1:4 options for 0.01 at strike 0.25; at the current higher price, eligible investors get a "discount/dividend" when buying shares on the market.

I'm new to investment in the mining industry, is this type of option issue usual among the mining companies? Also the market cap of 12mil, how much of it is supported by the Zinc activity v.s. the conglm-gold rush theme?

Cheers.