08:26:40 EDT Sat 20 Apr 2024
Enter Symbol
or Name
USA
CA



Wolverine Minerals Corp (3)
Symbol WLV
Shares Issued 29,380,629
Close 2017-01-18 C$ 0.085
Market Cap C$ 2,497,353
Recent Sedar Documents

Wolverine arranges $105,000 private placement

2017-01-19 17:59 ET - News Release

Mr. Thomas Doyle reports

WOLVERINE ANNOUNCES PRIVATE PLACEMENT

Wolverine Minerals Corp., subject to regulatory approval, has arranged a non-brokered private placement financing of up to 1.5 million units at a price of seven cents per unit for gross proceeds of up to $105,000. Each unit consists of one common share of the company and one share purchase warrant. One warrant entitles the holder thereof to purchase one additional share of the company at a price of 8.5 cents per share for a period of three years from closing of the financing. Insiders may participate in the financing.

All securities issued in connection with the financing will be subject to a statutory hold period expiring four months and one day after closing of the financing. Completion of the financing is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals, including approval of the TSX Venture Exchange. The proceeds of the financing will be used for working capital.

© 2024 Canjex Publishing Ltd. All rights reserved.