00:01:15 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Pele Mountain Resources Inc
Symbol GEM
Shares Issued 188,873,749
Close 2015-11-24 C$ 0.035
Market Cap C$ 6,610,581
Recent Sedar Documents

Pele Mountain 7,384,180-share private placement

2015-11-24 19:16 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 20, 2015.

Number of shares:  2,134,180 flow-through shares and 5.25 million non-flow-through shares

Purchase price:  five cents per share and five cents per share

Warrants:  2,134,180 share purchase warrants to purchase 2,134,180 shares and 5.25 million share purchase warrants to purchase 5.25 million shares

Warrant exercise price:  seven cents for an 18-month period and five cents for a three-year period

Number of placees:  11 placees

Insiders:  Alan Shefsky, three million; John Wilkinson, 486,000; Richard Cooper, 190,000; T.R.L. Investments Ltd. (Richard Cooper), 500,000; Peter Dimmell, 178,000; Martin Cooper, 800,000

Finder's fee:  $2,800, plus 56,000 finder's warrants, each exercisable into one common share at a price of five cents for a period of one year, payable to Canaccord Genuity Corp.

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