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Message: Double volume and else...

 It was a good day for LAC shareholders.  Obviously with double volume people are taking a position before the judge’s decision.

 And here is some small but important news for those who are interested in  LAC’s Argentina investment.

 

"TORONTO, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Arena Minerals Inc. (“Arena” or the “Company”) (TSX-V: AN | OTCQX: AMRZF) is pleased to report that it has received warrant exercise forms for the exercise of 36,838,546 previously issued warrants for total proceeds of $7,367,708.

These commitments consist of 18,419,273 warrants at a strike price of $0.25 for proceeds of $4,604,818 and an additional 18,419,273 warrants at a strike price of $0.15 for proceeds of $2,762,890. These warrants had expiry dates of July 23 and 2023 February 25, 2024 respectively.

The completion of the warrant exercise and issuance of the underlying shares is subject to warrant/holder regulatory approval, which is expected to occur in early Q4 2022. The proceeds of this warrant exercise will be used for the development of the Company’s lithium assets in Argentina, for potential acquisitions and for general corporate purposes..."

   Who do you think were those warrant holders?

 I can speculate that average investors would not be in a hurry to exercise their warrants if there is plenty of time left, all the way to July of 2023 and February 2024.

 Most likely it is   LAC and Gang doing it by increasing their ownership of Arena right now (?), plus giving them more money for their development ASAP.

It is my guess.

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