Tag: currency devaluation
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Why did Nexus Gold (NXS.V) spike 65% after a 10-1 rollback?
On May 24, 2018 Nexus Gold (NXS.V) announced that it closed a $3 million private placement (PP) of 20 million units at a price of $0.15 per unit. That’s a little unusual – because Nexus is trading at .33 – more than double the PP price. The TSX and TSX.V require that a private placement…