The TSX Venture Exchange has accepted for filing the documentation with respect to a non-brokered private placement announced on Nov. 1, 2016.
Number of shares: 10,093,083 common shares
Purchase price: $1.07 per common share
Warrants: 5,046,541 warrants to purchase 5,046,541 common shares
Warrant exercise price: $1.45 for a period of 18 months
Number of placees: three placees
The company has issued a news release announcing the closing of the private placement on Jan. 26, 2017.
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