6 Million Ounces fo Gold in NI-43-101 and $17 Million Just Raised @ $0.65....INSIDERS BUYING MILLIONS
The market Cap of BAT is Truly Undervalued.
Batero Gold 65-cent private placement
2013-01-03 16:27 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 1, 2012, and Dec. 13, 2012.
Shares: 8,913,000 shares; 18,456,000 shares (upon the conversion of subscription receipts)
Price: 65 cents
Warrants: five million share purchase warrants (upon the conversion of subscription receipts) to purchase five million shares
Exercise price: 90 cents for a three-year period
Insiders: Michelle Maria Navarro 2,791,000 and 6,152,000 subscription receipts; Thessa Maria Lina Navarro Grau Dyer 2,971,000 and 6,152,000 subscription receipts; Rafael Rafael Navarro Grau Dyer 2,971,000 and 6,152,000 subscription receipts