The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 29, 2014.
Number of shares: 26,606,762 shares
Purchase price: 21 cents per share
Warrants: 26,606,762 share purchase warrants to purchase 26,606,762 shares
Warrant exercise price: 31 cents in the first three years, subject to an accelerated expiry;
42 cents in the fourth and fifth year, subject to an accelerated expiry
Number of placees: 203 placees
Insiders: Michael D. Winn Roth IRA, 260,000;
MDW & Associates LLC (Michael Winn), 450,000;
Eurasian Minerals Inc., 2,380,952;
Mario Szotlender, 952,381;
Timothy John Beale, 23,810
Total pro group involvement: 650,000 (four placees)
Finders' fees: 702,300 units issuable to Sprott Global Resource Investments Ltd., with 702,300 finder warrants;
186,000 units issuable to Haywood Securities Inc., with 186,000 finder warrants;
3,000 units issuable to PI Financial Corp., with 3,000 finder warrants;
35,714 units issuable to Trimark Trading, with 35,714 finder warrants (Each finder unit and warrant has the same terms as set out above.)
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