Maybe already summarised by earlier posters, but just before offer
Issued Shares - 356,044,187 Issued Shares held by SOL - 46,587,027 Issued Shares to offer 19 cents - 309,457,160
Cash Cost to SOL - $58,796,860 Cash at Bank EXS last quaterly - $58M
Net cash costs to SOL will be zero, they get all the tenements + wont have to pay Royalty + PLY JV Income.
Smart move, who can blame them. I bought some EXS today as I can't believe they can get away with this deal, masterstroke if they do, will probably buy some SOL if they pull it off at 19c!
EXS Price at posting:
19.5¢ Sentiment: None Disclosure: Held