The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced May 25, 2016.
Number of shares: 8,334,000 flow-through shares
Purchase price: 75 cents per share
Number of placees: 23 placees
Total pro group involvement: 105,030 (one placee)
Finders' fees: a cash commission equal to 6.0 per cent of the gross proceeds, payable to Macquarie Capital Markets Canada Ltd., National Bank Financial, Canaccord Genuity Corp., Beacon Securities Ltd., Raymond James Ltd. and Haywood Securities Inc.
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