The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 31, 2018, and March 20, 2018.
Number of shares: 7,472,857 shares
Purchase price: 42 cents per share
Warrants: 3,736,428 share purchase warrants to purchase 3,736,428 shares
Warrant exercise price: 50 cents for a one-year period
Number of placees: 27 placees
Insiders: Jean-Pierre Colin, 23,810;
Elliot Strashin, 500,000
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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