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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Re: Crystallex Announces Proposed Private Placement to Raise Up to US$120 Million
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Crystallex Announces Proposed Private Placement to Raise Up to US$120 Million
4
Sloopskipper
Oct 11, 2011 08:02AM
Re: Crystallex Announces Proposed Private Placement to Raise Up to US$120 Million
4
newfiebullet
Oct 11, 2011 09:11AM
Icon president Re: Crystallex Announces Proposed Private Placement to Raise Up to US$120 Million
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cantjustread
Oct 11, 2011 09:16AM
Re: Crystallex Announces Proposed Private Placement to Raise Up to US$120 Million
2
bradsgold
Oct 11, 2011 09:29AM
Re: Crystallex Announces Proposed Private Placement to Raise Up to US$120 Million
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bmh
Oct 11, 2011 09:32AM
Re: Crystallex Announces Proposed Private Placement to Raise Up to US$120 Million
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Teutracker
Oct 11, 2011 09:32AM
Re: Crystallex Announces Proposed Private Placement to Raise Up to US$120 Million
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wymwood
Oct 11, 2011 09:35AM
Icon president Re: Crystallex Announces Proposed Private Placement to Raise Up to US$120 Million
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cantjustread
Oct 11, 2011 09:41AM
Re: Crystallex Announces Proposed Private Placement to Raise Up to US$120 Million
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Don-wys
Oct 11, 2011 09:53AM
Re: Crystallex Announces Proposed Private Placement to Raise Up to US$120 Million
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turtlefoam
Oct 11, 2011 10:22AM
Re: Crystallex Announces Proposed Private Placement to Raise Up to US$120 Million
3
Don-wys
Oct 11, 2011 10:25AM
Re: Crystallex Announces Proposed Private Placement to Raise Up to US$120 Million
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turtlefoam
Oct 11, 2011 10:37AM
Re: Crystallex Announces Proposed Private Placement to Raise Up to US$120 Million
4
Stroot
Oct 11, 2011 10:45AM
Re: Crystallex Announces Proposed Private Placement to Raise Up to US$120 Million
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Don-wys
Oct 11, 2011 10:47AM
Re: Crystallex Announces Proposed Private Placement to Raise Up to US$120 Million
4
newfiebullet
Oct 11, 2011 10:48AM
Re: Crystallex Announces Proposed Private Placement to Raise Up to US$120 Million
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turtlefoam
Oct 11, 2011 10:59AM
Re: Crystallex Announces Proposed Private Placement to Raise Up to US$120 Million
10
bmh
Oct 11, 2011 12:18PM
Re: Crystallex Announces Proposed Private Placement to Raise Up to US$120 Million
2
brundoggie
Oct 11, 2011 12:29PM

The biggest difference I guess is that to raise $120 million through shares would have cost us 1.2 billion shares at .10. That would have put us at 1.565 billion shares which would have eaten up a good portion of any award using the figure of 1 billion. We would only end up with .50 a share.

Both sides are correct in this new debt will cost us more money than a regular debt financing. That option probably wasn't available when we had a gun to our head.

Like I said earlier we will know by the end of the month the cost of this debt. I have no doubt the debt was all pre sold.

JJ

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