Lets see if that  expected PP is for $3.3 million shares plues a warrant for $10 Mil  or  10,000,000 shares plus a warrant( my guess)$1 cad share value  or even better

2,600,000 shares based on the $3USD  share enterprise value(last presentaion), worth  $3usd if someone or co thinks its worth that,

would rather see an IPO or buyout talked about years ago,