18:50:58 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



Wellstar Energy Corp (3)
Symbol WSE
Shares Issued 33,962,768
Close 2017-03-01 C$ 0.075
Market Cap C$ 2,547,208
Recent Sedar Documents

Wellstar 3,275,000-flow-through-share private placement

2017-03-03 17:12 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Dec. 23, 2016.

Number of flow-through shares:  3,275,000 flow-through shares

Purchase price:  10 cents per flow-through share

Warrants:  1,637,500 share purchase warrants to purchase 1,637,500 shares

Warrant initial exercise price:  10 cents

Warrant term to expiry:  three years

Number of placees:  nine placees

Insider:  Andrew H. Rees, 500,000 shares

Finder's fee:  Accilent Capital Management Ltd., $9,800 cash, 9,800 warrants

Finder warrant initial exercise price:  10 cents

Finder warrant term to expiry:  three years

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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