The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 19, 2014, and Sept. 24, 2014.
Number of shares: 16 million shares
Purchase price: 25 cents per share
Warrants: Eight million share purchase warrants to purchase eight million shares
Warrant exercise price: 50 cents for a three-year period, subject to an acceleration clause
Number of placees: 96 placees
Total pro group involvement: 1.45 million (eight placees)
Finders' fees: Canaccord Genuity Corp., $57,840 cash and 231,360 warrants expiring Sept. 30, 2015, payable;
Haywood Securities Inc., $40,875 cash and 163,500 warrants expiring Sept. 30, 2015, payable;
Wolverton Securities Ltd., $30,000 cash and 120,000 warrants expiring Sept. 30, 2017, payable;
PI Financial Corp., $24,000 cash and 96,000 warrants expiring Sept. 30, 2015, payable;
First Republic Capital Corp., $39,250 cash and 162,000 warrants expiring Sept. 30, 2015, payable;
Hampton Securities Ltd., $1,250 cash payable;
GMP Securities LP, $1,500 cash and 6,000 warrants expiring Sept. 30, 2015, payable
(Each warrant is exercisable into one common share at 50 cents, subject to an acceleration clause.)
© 2024 Canjex Publishing Ltd. All rights reserved.