Griffin - zinc and gold producer

RE: recent shares issued for cash via warrants-

Yes, bomphrey is lying again about "rights issues"- it wasn't a
rights issue and he does know the difference. Not confused but
barefaced lying.

As for dilution, the warrants were issued as compensation for
services, which saved the company paying cash for those services,
and the exercise of the warrants brought in 40 pence per share,
which money was added to the company's coffers and hence to its
value. Therefore the overall dilution effect was aproximately nil.