Corona reports it beneficially holds about 2.1 million common shares and 1.2 million preferred shares of Dolphin. The junior, active in Newfoundland, has about 10.6 million common shares outstanding, and Corona’s interest is 20.1%, or 45.1% on a fully diluted basis.
The preferred shares are convertible into common shares on a four- for-one basis.
]]>
Be the first to comment on "Corona ups interest in Dolphin Explor."