The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced March 16, 2018.
Number of shares: 6,875,000 shares
Purchase price: eight cents per share
Warrants: 6,875,000 share purchase warrants to purchase 6,875,000 shares
Warrant initial exercise price: 12 cents
Warrant term to expiry: two years
Number of placees: 18 placees
Insider: Paul Kuhn, 62,500
Total pro group involvement: 100,000 (one placee)
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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