....Under the revised terms of the offering, each Warrant will now be exercisable to acquire one additional common share of WSR at an exercise price of $0.65 for a period of two years from closing....

today, the raising of fund is getting tough, with more dilution ..

for our last payment:

those who participate in the last placement,

let say 2 share of Noront+ 1 warrant= 4x2+ 5= 13 for total of 3 shares of noront..must hold till june 8th...

at today price 3x5.15= 15.45

total gain = 15.45- 13= 2.45

for % gain 2.45/13 = ~ 18% in two months and the investor paid 8.00 two months ago and pay the 5.00 today...

the investors might earn more money if they went short last month but the short figure showed that they came in as long term investment and put confidence in the Noront's management ..This show RN did another good tactic ..I am sure RN is the one who likes the most that assays to come as quickly as possible ..as he understands the investors sentiments.