09:56:31 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Kilo Goldmines Ltd (2)
Symbol KGL
Shares Issued 169,699,855
Close 2016-09-06 C$ 0.185
Market Cap C$ 31,394,473
Recent Sedar Documents

Kilo Goldmines 100-million-share private placement

2016-09-06 17:24 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to non-brokered private placements announced July 27, 2016, and Aug. 26, 2016.

Number of shares:  100 million shares

Purchase price:  10 cents per share

Warrants:  100 million share purchase warrants to purchase 100 million shares

Warrant exercise price:  13.5 cents for a two-year period

Number of placees:  151 placees

Finders' fees:  An aggregate of $450,030 in cash payable to Arlington Group Asset Management Ltd., Sprott Global Resource Investments Ltd., Sprott Private Wealth LP, PI Financial Corp., CRG Finance AG, Echelon Wealth Partners Inc. and David O'Brien

Insider:  Osisko Mining Inc., seven million

Total pro group involvement:  100,000 (one placee)

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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