posted on
May 17, 2016 02:06PM
Some good points made here. One question I have, which I emailed Zenith about last night, is does this latest financing dilute Zenith Capital Corp. I suspect it does but one of the reasons for the reorg was supposedly to prevent dilution of ownership of RVX royalty preferred shares. Since this financing was done after the vote on the reorg but prior to the execution of the split it seems like a bit of a grey area. I will share my answer if I get one.