09:17:55 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Minfocus Exploration Corp
Symbol MFX
Shares Issued 58,540,592
Close 2016-07-27 C$ 0.03
Market Cap C$ 1,756,218
Recent Sedar Documents

Minfocus Exploration 10-million-share private placement

2016-07-28 18:14 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced June 21, 2016.

Flow-through (FT) shares

Number of FT shares:  4.24 million flow-through shares

Purchase price:  2.5 cents per flow-through share

Warrants:  4.24 million share purchase warrants to purchase 4.24 million shares

Warrant initial exercise price:  10 cents

Warrant term to expiry:  two years

Non-flow-through (NFT) shares

Number of NFT shares:  5.76 million non-flow-through shares

Purchase price:  2.5 cents per non-flow-through share

Warrants:  5.76 million share purchase warrants to purchase 5.76 million shares

Warrant initial exercise price:  10 cents

Warrant term to expiry:  two years

Number of placees:  21 placees

Insiders:  Gerald Harper, 3.44 million; Graham Wilson, 200,000; Gavin Cooper, 180,000

Finders' fees:  Foster and Associates Financial Services, $6,760 cash and 269,600 warrants; Leede Jones Gable Inc., $2,000 cash and 80,000 warrants

Finder's warrant initial exercise price:  2.5 cents

Finder's warrant term to expiry:  24 months

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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