17:25:31 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



ML Gold Corp
Symbol MLG
Shares Issued 107,222,763
Close 2018-07-04 C$ 0.09
Market Cap C$ 9,650,049
Recent Sedar Documents

ML Gold 18,787,500-share private placement

2018-07-04 17:37 ET - Private Placement

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

Flow-through (FT) shares

Number of FT shares:  6.05 million flow-through shares

Purchase price:  10 cents per flow-through share

Warrants:  3,025,000 share purchase warrants to purchase 3,025,000 shares

Warrant initial exercise price:  14 cents

Warrant term to expiry:  two years

Non-flow-through (NFT) shares

Number of NFT shares:  12,737,500 non-flow-through shares

Purchase price:  eight cents per non-flow-through share

Warrants:  12,737,500 share purchase warrants to purchase 12,737,500 shares

Warrant initial exercise price:  12 cents

Warrant term to expiry:  two years

Number of placees:  32 placees

Insiders:  Adrian Smith, 312,500; Kosta Tsoutsis, 312,500; Brian Morrison, 250,000; Andrew Bowering, 500,000

Finders' fees:  Peter Vermeulen, 250,000 warrants; PI Financial Corp., $2,960 cash and 37,000 warrants; PI Financial, $1,600 cash and 16,000 warrants; Haywood Securities Inc., $1,600 cash and 20,000 warrants; Roche Securities Ltd., $28,000 cash and 280,000 warrants; Roche Securities, $4,000 cash and 50,000 warrants

Finder's warrant initial exercise price:  eight cents

Finder's warrant term to expiry:  two-year warrants

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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