The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced Sept. 15, 2015, and closed Oct. 1, 2015.
Number of securities: 67 million common shares
Purchase price: 5.25 cents per share
Number of placees: 56 placees
Insiders: Robert Penner, 476,190;
Brent Harris, 950,000;
Justin Holland, 1.4 million;
George W. Powlick, 28,571,429
Total pro group involvement: 4,049,999 (five placees)
Agents' fees: Bayfront Capital Partners, cash payment of $90,902.01 and 4,058,000 agent's warrants, exercisable at a price of 5.25 cents for three years;
Canaccord Genuity Corp., cash payment of $20,081.25 and 382,500 agent's warrants, exercisable at a price of 5.25 cents for three years;
Haywood Securities Inc., cash payment of $1,575 and 30,000 agent's warrants, exercisable at a price of 5.25 cents for three years;
CIBC World Markets, cash payment of $4,200 and 80,000 agent's warrants, exercisable at a price of 5.25 cents for three years;
GMP Securities LP, cash payment of $7,323.75 and 139,500 agent's warrants, exercisable at a price of 5.25 cents for three years;
Dundee Securities Ltd., cash payment of $1,244.25
For further information, please see the company's news release dated Oct. 1, 2015.
© 2024 Canjex Publishing Ltd. All rights reserved.