09:49:31 EDT Fri 20 Sep 2019
Enter Symbol
or Name
USA
CA



Ridgestone Mining Inc
Symbol C : RMI
Shares Issued 32,198,161
Close 2019-04-03 C$ 0.22
Recent Sedar Documents

Ridgestone Mining eight-million-share private placement

2019-04-18 18:31 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced March 12, 2019.

Number of shares:  eight million shares

Purchase price:  14 cents per share

Warrants:  four million share purchase warrants to purchase four million shares

Warrant exercise price:  25 cents for an 18-month period (The warrants are subject to an acceleration right if, on any 10 consecutive trading days after the expiry of the hold period, the daily closing price of the common shares is at or greater than 50 cents, in which case the company has the right to accelerate the expiry date to the 10th calendar day after notice.)

Number of placees:  18 placees

Insiders:  Erwin Wong, 850,000; Brian Goss, 100,000

Total pro group involvement:  850,000 (one placee)

Finders' fees:  Mackie Research Capital Corp. receives $7,980 and 57,000 non-transferable warrants, each exercisable at 25 cents for 18 months. Momer S.A. (Mercedes Lopez) receives $4,200 and 30,000 non-transferable warrants, each exercisable at 25 cents for 18 months. Haywood Securities Inc. receives $31,080 and 222,000 non-transferable warrants, each exercisable at 25 cents for 18 months.

© 2019 Canjex Publishing Ltd. All rights reserved.