18:14:59 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Group Ten Metals Inc (2)
Symbol PGE
Shares Issued 73,866,326
Close 2019-09-04 C$ 0.19
Market Cap C$ 14,034,602
Recent Sedar Documents

Group Ten Metals 17,500,140-share private placement

2019-09-04 19:01 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Aug. 29, 2019.

Number of shares:  17,500,140 shares

Purchase price:  14 cents per share

Warrants:  8,750,070 share purchase warrants to purchase 8,750,070 shares

Warrant initial exercise price:  21 cents

Warrant term to expiry:  three years

Number of placees:  50 placees

Insider:  Greg Johnson, 395,000

Total pro group involvement:  907,000 (one placee)

Finders' fees:  Red Cloud Klondike Strike Inc., $16,577.68 cash and 118,412 warrants; Canaccord Genuity Corp., $23,303.84 cash and 166,456 warrants; PI Financial Corp., $41,630.40 cash and 297,360 warrants; Jonathan Thierman, $517.15 cash and 3,694 warrants; Leede Jones Gable, $4,480 cash and 32,000 warrants; Gerhard Merkel, $21,616 cash and 154,400 warrants

Finder's warrant initial exercise price:  21 cents

Finder's warrant term to expiry:  exercisable into one common share at a price of 21 cents for 36 months

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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