10:04:00 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Metanor Resources Inc
Symbol MTO
Shares Issued 421,189,849
Close 2016-01-27 C$ 0.035
Market Cap C$ 14,741,645
Recent Sedar Documents

Metanor Resources 64,232,116-share private placement

2016-01-27 16:47 ET - Private Placement

The TSX Venture Exchange has accepted for filing the documentation with respect to a brokered private placement.

Number of shares:  34.68 million common shares and 29,552,116 flow-through common shares

Purchase price:  five cents per common share and six cents per flow-through common share

Warrants:  49,186,058 warrants to purchase a maximum of 49,186,058 common shares

Warrant exercise price:  6.5 cents per share for a period of 36 months following the closing of the private placement

Number of placees:  16 placees

Finder's fee:  Secutor Capital Management Corp. received $210,428 in cash and 3,853,927 common share purchase warrants at 5.5 cents for 36 months.

The company has confirmed the closing of the private placement by way of news releases dated Nov. 6, 2015, and Nov. 19, 2015.

© 2024 Canjex Publishing Ltd. All rights reserved.