02:52:02 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Geodex Minerals Ltd (3)
Symbol GXM
Shares Issued 5,842,827
Close 2017-08-15 C$ 0.145
Market Cap C$ 847,210
Recent Sedar Documents

Geodex Minerals 2,042-unit private placement

2017-08-16 16:26 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 22, 2016, Jan. 6, 2017, and May 10, 2017.

Securities:  2,042 units, consisting of a five-year note in the principal amount of $1,000, bearing interest at a rate of 10 per cent per annum, payable semi-annually, 1,500 common shares and 1,500 share purchase warrants

Purchase price:  $900 per unit

Warrants:  3,063,000 share purchase warrants to purchase 3,063,000 shares

Warrant exercise price:  10 cents for a five-year period

Number of placees:  11 placees

Insiders:  2349809 Ontario Ltd., 67,500; Irwin Lowy LLP (Chris Irwin), 22,500

Total pro group involvement:  168,000 (one placee)

Finders' fees:  Canaccord Genuity Corp. receives $6,048 and 10,080 non-transferable warrants, each exercisable at a price of 10 cents for five years. Ali Zamani receives $6,480 and 13,500 non-transferable warrants, each exercisable at a price of 10 cents for five years. Jones, Gable & Company Ltd. receives $21,600 and 36,000 non-transferable warrants, each exercisable at a price of 10 cents for five years. Haywood Securities Inc. receives $540 and 900 non-transferable warrants, each exercisable at a price of 10 cents for five years. Industrial Alliance Securities Inc. receives $21,600 and 36,000 non-transferable warrants, each exercisable at a price of 10 cents for five years.

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