01:54:05 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Glacier Lake Resources Inc
Symbol GLI
Shares Issued 39,480,453
Close 2018-03-26 C$ 0.075
Market Cap C$ 2,961,034
Recent Sedar Documents

Glacier Lake 8,843,175-share private placement

2018-03-26 20:20 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Feb. 13, 2018.

Number of shares:  8,843,175 shares

Purchase price:  six cents per share

Warrants:  8,843,175 share purchase warrants to purchase 8,843,175 shares

Warrant exercise price:  10 cents for a two-year period (The warrants are subject to an accelerated expiry provision in the event the closing price of the company's shares is 25 cents or higher for 10 consecutive trading days.)

Number of placees:  36 placees

Total pro group involvement:  300,000 (two placees)

Finder's fee:  Haywood Securities Inc., $15,535.20 and 258,920 finder's warrants, exercisable into common shares at 10 cents per share for a 24-month period; Ascenta Finance Corp., $15,552 and 259,200 finder's options, exercisable at six cents over a 24-month period into units consisting of one common share and one warrant, the warrants being exercisable into common shares at 10 cents per share for a 24-month period; R7 Capital Investments Ltd. (Karim Rayani), $720

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