RE: Time to acquire15 Jul 2025 10:23
Looking on the Gunsynd website, they originally purchased 5,833,333 shares at 6cad with one warrant at 10c for every share puchased, they state they still have 2,770'000 shares ( unless sold some more and not updated ) they still have
the warrants as they aren't available until at least dec.
So current value based on 1911 Gold Corp share price 22c
2,770,000 shares at 22c = 609,400cad
1cad = say 57p so 609400 cad = £347358
Plus warrants 5'833'333 at 10c so assuming 22c profit woukd be 12c so 5'833'334 @ 12c would be £700'000 cad using conversion as above into £380'300.
So total in 1911 gold £347'358 plus £380'300 = £727'658
This is my understanding, I could be wrong.
1911Gold Corp's sp has been higher as well.
But as I say do not forget this holding.