Cheers Forrest. Just curious is all but not really a negative in either case.
Either the loan is paid out with cash and they have about $440k or it's paid in shares and they have closer to $1M and a few more shares on issue. Won't really matter once they make an acquisition.
Teck probably participated in the placement with funds from the discharged loan. That's what I would have done.
Dream team, page-111
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