22:35:03 EST Sat 22 Feb 2020
Enter Symbol
or Name

Pistol Bay Mining Inc (3)
Symbol PST
Shares Issued 24,173,822
Close 2018-11-07 C$ 0.05
Recent Sedar Documents

Pistol Bay 8.5-million-share private placement

2018-11-09 19:35 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Oct. 25, 2018.

Number of shares:  8.5 million shares

Purchase price:  five cents per share

Warrants:  8.5 million share purchase warrants to purchase 8.5 million shares

Warrant initial exercise price:  eight cents

Warrant term to expiry:  18 months

Number of placees:  17 placees

Insiders:  Dave Bissoondatt, 200,000; Zimtu Capital Corp. (Dave Hodge), 2.25 million

Finder's fee:  Canaccord Genuity Corp., $1,000 cash and 20,000 warrants; Mackie Research Capital Corp., $1,000 cash and 20,000 warrants

Finder's warrant initial exercise price:  five cents

Finder's warrant term to expiry:  12 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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