- In October 2020, the Company established an at-the-market equity program (“ATM Program”) that allows it to issue up to $100 million of common shares from treasury to the public from time to time, at the Company’s discretion. As of November 16, 2020, the Company raised gross proceeds of approximately $48 million from issuance of common shares under the ATM Program.
Am I correct to assume that if average share price was approx. $10 -then company issued 480,000 shares. Only 520,000 left to go.
Not bad, share price held up pretty well.