21:13:33 EDT Thu 18 Apr 2024
Enter Symbol
or Name
USA
CA



Pancontinental Gold Corp
Symbol PUC
Shares Issued 99,510,354
Close 2016-09-28 C$ 0.075
Market Cap C$ 7,463,277
Recent Sedar Documents

Pancontinental Gold 12,516,250-share private placement

2016-09-28 19:53 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to non-brokered private placements announced Sept. 12, 2016.

Number of shares:  12,516,250 shares

Purchase price:  eight cents per share

Warrants:  12,516,250 share purchase warrants to purchase 12,516,250 shares

Warrant exercise price:  12 cents for an 18-month period

Number of placees:  40 placees

Insiders:  David Petroff, 312,500; Richard Mark and Alayan Mark, 100,000; Richard Mark, 50,000

Total pro group involvement:  312,500 (three placees)

Finders' fees:  an aggregate of $16,800 in cash and 210,000 finders' warrants payable to Leede Jones Gable Inc. and PI Financial Corp. (Each finder's warrant entitles the holder to acquire one common share at 12 cents for an 18-month period.)

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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