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San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

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Message: 35 million shares

An application has been granted for the original listing in the mining category of 335,648,960 common shares of San Gold Corp., of which 300,408,146 shares are issued and outstanding and 35,240,814 shares are reserved for issuance.

I am wondering what is the significance of that number. Is that now the ceiling for share issuance? Or do they now have to go through an open process approved by SH to dilute more. Or perhaps that is our current fully diluted number? Anyone know???

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Oct 19, 2010 06:33PM
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Oct 19, 2010 06:44PM
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