The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Aug. 10, 2015.
Number of shares: 2,655,000 shares
Purchase price: $1 per share
Warrants: 1,327,500 share purchase warrants to purchase 1,327,500 shares
Warrant exercise price: $1.50 for an 18-month period, subject to an accelerated expiry
Number of placees: 38 placees
Insider: Troy Bullock, 17,500;
Dickson Hall, 10,000
Total pro group involvement: 305,000 (four placees)
Finder's fee: $21,700 payable to Mackie Research Capital Corp.
The company issued a news release on Aug. 26, 2015, confirming closing of the private placement. 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.
© 2024 Canjex Publishing Ltd. All rights reserved.