Peter´s PP´s

Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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FANTOMAS

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Peter´s PP´s

posted on Feb 07, 2011 08:06PM

As for avoiding dilution, Peter did 6 PP´s in 2009 and 5 PP´s in 2010.

The latest one and the one prior to this from Dec. 10 are totalling just short of 19.4M shares (including warrants), which is nearly 40% of the outstanding shares.

That´s what I call massive dilution (and all between $ 0.52 and $ 0.75).

Ok, the acceleration clause for the $ 0.90 warrants has been increased from $ 1.30 to $ 1.75.

I´m really curious to see what´s happening now !

FANTOMAS

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