Just wondering if this scenario is possible.
Is it possible that the Company is selling shares under the ATM program again? Over the last 2 weeks they might be trying to fill as much of the placement by using the ATM, without having to give up a warrant, then if they were sold thru the Life Offering program?
This excerp from the Oct 13 press release(My Bold)states that they do not have to provide notice if they continue using the ATM. From Nov 1 until now there was almost 3m shares sold on Canadian exchanges alone.
The Company has not sold any common shares under the United States-only ATM Program from its inception on September 1, 2023 through September 30, 2023. The Company has suspended sales under the United States-only ATM Program and is not required to provide notice if it resumes making sales there under in the future.
Date |
Open |
High |
Low |
Close |
VWAP |
Volume |
% Chg |
$ Chg |
Trade Val |
# Trades |
2023-11-15 |
1.82 |
1.82 |
1.66 |
1.69 |
1.7112 |
232.54k |
-6.11% |
-0.11 |
398,129.59 |
406 |
2023-11-14 |
1.80 |
1.89 |
1.76 |
1.80 |
1.8132 |
99.64k |
1.70% |
0.03 |
180,635.02 |
421 |
2023-11-13 |
1.94 |
1.97 |
1.75 |
1.77 |
1.849 |
123.56k |
-2.21% |
-0.04 |
228,528.12 |
460 |
2023-11-10 |
2.08 |
2.08 |
1.79 |
1.81 |
1.929 |
107.03k |
-9.50% |
-0.19 |
206,541.07 |
423 |
2023-11-09 |
1.94 |
2.18 |
1.85 |
2.00 |
1.9672 |
258.94k |
14.29% |
0.25 |
509,602.49 |
870 |
2023-11-08 |
1.63 |
1.78 |
1.63 |
1.75 |
1.676 |
239.40k |
2.94% |
0.05 |
401,332.00 |
582 |
2023-11-07 |
1.77 |
1.81 |
1.62 |
1.70 |
1.7034 |
439.63k |
-8.60% |
-0.16 |
749,084.22 |
1,113 |
2023-11-06 |
2.09 |
2.09 |
1.82 |
1.86 |
1.9664 |
313.51k |
-7.00% |
-0.14 |
616,428.13 |
645 |
2023-11-03 |
2.36 |
2.39 |
1.91 |
2.00 |
2.2397 |
322.17k |
-10.31% |
-0.23 |
721,625.60 |
856 |
2023-11-02 |
3.70 |
3.70 |
2.09 |
2.23 |
2.5758 |
708.35k |
-40.37% |
-1.51 |
1,826,669.94 |
2,062 |
2023-11-01 |
-- |
3.84 |
3.71 |
3.74 |
3.7689 |
24.41k |
0.54% |
0.02 |
92,109.42 |
80 |