Renforth CEO Nicole Brewster’s notes to her shareholders are always a treat. Clear, often hilarious and full of useful information. The note accompanying the Press Release confirming the close of the sale of Renforth’s New Alger property on the Cadilac Break in Quebec to Radisson.
“We are in the money!
It is exciting to have money in the bank, even more so when it is a lot of money.
But what does that mean?
Well, we will continue to operate as we do, with the bulk of the money going into the ground (last year that % was ~90% of funds raised in the ground fyi).
So guess what? Drill will be on Parbec next week. Here we go!”