Well we had warrants expiring at the the end of August and at the end of September according to EAG's September 2 NR. There may have been more. Could you publish your source. The selling may have been a hangover from the warrants but I had thought that the recent spate of selling might be MGR selling off its stake in EAG which would not necessarily be a bad thing. MGR has their own projects to work on and the money would come handy. I was wondering if Tessier would be on the BoD much longer. This selling could be the result of a coup at the top and maybe some sour grapes. It looks like the triple bottom at .185 is going to hold. If so we should see .26 soon enough and then on to .33 and beyond. JMHO.
Eagle Hill Announces Exercise of Warrants and Upcoming Expiry of Warrants
Thursday, September 02, 2010
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Eagle Hill Exploration Corporation ("Eagle Hill" or the "Company") (TSX VENTURE:EAG) is pleased to announce that 100% of the warrants from the Company's August 28, 2009 private placement have been exercised. These warrants were to expire August 28, 2010.
The exercise of the 1,750,000 warrants was at a price of $0.20 per share and resulted in aggregate proceeds to the Company of $350,000.
The Company wishes to remind the holders of the unexercised warrants from the September 29, 2009 private placement that the $0.20 warrants issued as part of the placement are set to expire at 5:00 p.m. Vancouver time on September 29, 2010.
