18:56:49 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Arch Biopartners Inc
Symbol ARCH
Shares Issued 53,118,179
Close 2017-09-19 C$ 0.39
Market Cap C$ 20,716,090
Recent Sedar Documents

Arch Biopartners 400,000-share private placement

2017-09-19 17:10 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced July 24, 2017.

Number of shares:  400,000 shares

Purchase price:  50 cents per share

Warrants:  400,000 share purchase warrants to purchase 400,000 shares

Warrant exercise price:  50 cents for a two-year period

Number of placees:  seven placees

Insider:  Patrick Vink, 60,000

Total pro group involvement:  270,000 (three placees)

Finder's fee:  $5,000 in cash and 10,000 finder's warrants payable to Francis Pope (Each finder's warrant entitles the holder to acquire one common share at 50 cents for a two-year period.)

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.

For further details, please refer to the company's news releases dated Aug. 10, 2017, and Sept. 12, 2017.

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