Sep. 2 at 9:16 PM
$LYSCF $REMX $APAAF Appia Signs Binding Term Sheet to Sell a 45% Interest in Its PCH REE Project, Brazil
Can anyone tell me that I’m (not) reading this part correctly: (
$APAAF trades at USD
$0.14 and the CAN
$0.5 corresponds to USD
$0.36 !!??)
“Ultra will invest US
$2 Million into an Appia unit private placement comprising 5,520,000 units priced at
$0.50 (Cdn) per unit (based upon a US$ to Cdn$ exchange rate of 1.38) with each unit consisting of one common share, priced at
$0.50 (Cdn), and one half a warrant with each full warrant exercisable at
$0.70 (Cdn) for 24 months. “