17:56:53 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Arctic Star Exploration Corp (3)
Symbol ADD
Shares Issued 95,891,883
Close 2017-12-15 C$ 0.13
Market Cap C$ 12,465,945
Recent Sedar Documents

Arctic Star 16,929,361-share private placement

2017-12-15 16:22 ET - Private Placement

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.

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