The TSX Venture Exchange has accepted for filing the company's documentation in connection with the issuance of a total of 2,117,646 non-transferable warrants to purchase 2,117,646 common shares pursuant to unsecured non-convertible loans totalling $1.5-million, bearing an annual interest rate of 12 per cent and maturing on Dec. 19, 2019. The bonus warrants are exercisable at a price of 42.5 cents per share until Dec. 19, 2019.
Insider/pro group participation: nil
The company issued a news release dated Dec. 20, 2018, in connection with that transaction.
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