Nov. 18 at 10:49 PM
$AGMRF Ok LETS START MINING! Not sure I would call it a right out dilution. The company needed to raise more capitol to begin mining. So
$29.9 million more "units" were sold, (11,500,000 units). They priced the units at
$2.60 each which is a share and a warrant. One class A common stock share, 1/2 a 6 month warrant to buy a share (2 needed) for
$3.25 price [expires May 18, 2026], and 1/2 a 24 month warrant to buy a share (2 needed) for
$3.90 price [expires Nov 18, 2027]. To me that says; the "company" expects the target price to be
$3.25 or greater by mid-May when mining operations are underway. Further expecting the stock price to be
$3.90 of greater by mid-November 2027. A 77% increase (over todays price) expected by mid-May if everything goes well or as expected.
