23:29:39 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Equitas Resources Corp (2)
Symbol EQT
Shares Issued 75,698,294
Close 2015-11-06 C$ 0.10
Market Cap C$ 7,569,829
Recent Sedar Documents

Equitas Resources 10,087,393-share private placement

2015-11-09 16:24 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Oct. 28, 2015.

Number of shares:  10,087,393 shares

Purchase price:  12.5 cents per share

Warrants:  10,087,393 share purchase warrants to purchase 10,087,393 shares

Warrant initial exercise price:  25 cents

Warrant term to expiry:  one year

Number of placees:  42 placees

Insiders:  Zimtu Capital Corp. (David Hodge), 2.9 million; David Hodge, 800,000; Ridge Resources Ltd. (Kyler Hardy), 720,000

Finder's fee:  Rob Christl, $1,500 cash and 12,000 warrants; Canaccord Genuity Corp., $3,250 cash and 26,000 warrants; Euro Pacific Canada Inc., $750 cash and 6,000 warrants; Richardson GMP Ltd., $2,625.00 cash

Finder's warrant initial exercise price:  25 cents

Finder's warrant term to expiry:  expires one year from closing

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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