If you could finance at a 75% premium to the current trading price you grab it.

The warrants that expired helped with the dilution, so the fact that 3/4 of warrant is attached does not worry me.

Obviously there are institutions willing to purchase or BMO or Cormark would not have gone done the bought deal. This is confirmation that the $1.14 trading price is ridiculously low. As well we now have money "till the cows come home". Great news all around!