10:12:55 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Golden Arrow Resources Corp
Symbol GRG
Shares Issued 114,316,495
Close 2019-04-01 C$ 0.295
Market Cap C$ 33,723,366
Recent Sedar Documents

Golden Arrow 15,804,012-share private placement

2019-04-01 21:26 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Feb. 12, 2019.

Number of shares:  15,804,012 shares

Purchase price:  30 cents per share

Warrants:  15,804,012 share purchase warrants to purchase 15,804,012 shares

Warrant initial exercise price:  40 cents

Warrant term to expiry:  two years

Number of placees:  90 placees

Insiders:  OMC Services Ltd. (Constance Norman), 33,000; Alfred Hills, 70,000; Brian McEwen, 100,000; Joseph Grosso, 1.3 million; Vinland Holdings Inc. (David Terry), 55,000; Louis Salley, 50,000; Constance Norman, 35,000

Total pro group involvement:  183,000 (two placees)

Finders' fees:  Canaccord Genuity Corp., $7,230 cash and 20,100 warrants; Echelon Wealth Partners Inc., $2,100 cash and 7,000 warrants; Leede Jones Gable Inc., $4,200 cash and 14,000 warrants; Amandla SA, $11,489.31 cash and 38,298 warrants; Hugo Valenti, $4,200 cash and 14,000 warrants; Sprott Global Resource Investments Ltd., $17,500 cash and 58,333 warrants; Gerhard Merkel, $11,901.41 cash and 39,671 warrants; Raymond James Ltd., $1,470 cash and 4,900 warrants

Finder's warrant initial exercise price:  40 cents

Finder's warrant term to expiry:  expire in two years, non-transferable

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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