14:32:42 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Abcourt Mines Inc
Symbol ABI
Shares Issued 276,678,218
Close 2018-01-16 C$ 0.065
Market Cap C$ 17,984,084
Recent Sedar Documents

Abcourt Mines 2.69-million-share private placement

2018-01-16 21:47 ET - Private Placement

The TSX Venture Exchange has accepted for filing the documentation with respect to a non-brokered private placement.

Number of shares:  2.69 million common shares

Purchase price:  7.5 cents per common share

Warrants:  1,345,000 warrants to purchase 1,345,000 common shares

Warrant exercise price:  10 cents for 24 months following the closing date of the private placement

Number of placees:  11 placees

Insiders:  Renaud Hinse, 10,000; Normand Hinse, 670,000

Finders' fees:  Laurentian Bank Securities Inc. and Marquest Capital Markets Inc. received an aggregate of $2,475 in cash and 26,400 non-transferable warrants to purchase 26,400 common shares at an exercise price 10 cents per share during a period of 24 months following the closing date of the private placement.

The company has confirmed the closing of the above-mentioned private placement by way of a press release dated Dec. 22, 2017.

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