MKO 0.00% 7.0¢ metaliko resources limited

MD just poured in 500k out of his own pocket in an underwriting...

  1. P87
    5,035 Posts.
    MD just poured in 500k out of his own pocket in an underwriting capacity at a premium to current prices - 3 cents.

    Waterton Global - a Canadian based private investment firm has also ponied up a nice amount to secure 26.49% of MKO by injecting a $1 million dollars at a placement price of 3 cents.

    So, with the MD now and Waterton holding 57% of the company, and having purchased a fair slice at a premium to market prices, one would think the auction for the remaining 43% of the register will eventually boost the SP to the buy in price of these two parties.

    DYOR. GLTAH.
 
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