The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Oct. 26, 2017.
Number of shares: 16,929,361 shares
Purchase price: 10 cents per share
Warrants: 16,929,361 share purchase warrants to purchase 16,929,361 shares
Warrant initial exercise price: 15 cents
Warrant term to expiry: two years
Number of placees: 53 placees
Insiders: Scott Eldridge, 350,000; Thomas Yingling, 350,000
Finders' fees: Canaccord Genuity Corp., $40,800 cash and 408,000 warrants; PI Financial Corp., $4,800 cash and 48,000 warrants
Finder's warrant initial exercise price: 10 cents
Finder's warrant term to expiry: exercisable into one share for a period of two years from date of issuance
Note that in certain circumstances, the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
© 2024 Canjex Publishing Ltd. All rights reserved.